This property looks like a bad Long-Term investment with a projected -15.72% first-year return on $92,274 initial cash invested.
-15.72%
Cash On Cash
3.45%
Cap Rate
0.54
DSCR
$2,288
Rent
-$1,209
Cashflow
Cash Flow
$2,288 income − $3,497 expenses = $1,209 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,274
Downpayment
20%
$87,880
Closing costs
1%
$4,394
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,288
Total Expenses
$3,497
Mortgage P&I
103%
$2,360
Property Taxes
17%
$380
Home Insurance
7%
$163
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0