This property looks like a bad Long-Term investment with a projected -12.05% first-year return on $91,833 initial cash invested.
-12.05%
Cash On Cash
4.23%
Cap Rate
0.66
DSCR
$2,674
Rent
-$922
Cashflow
Cash Flow
$2,674 income − $3,596 expenses = $922 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,833
Downpayment
20%
$87,460
Closing costs
1%
$4,373
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,674
Total Expenses
$3,596
Mortgage P&I
87%
$2,330
Property Taxes
16%
$424
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$134
Vacancy
6%
$160
Maintenance
5%
$134
Other
0%
$0