This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $93,093 initial cash invested.
-14.66%
Cash On Cash
3.95%
Cap Rate
0.59
DSCR
$2,573
Rent
-$1,137
Cashflow
Cash Flow
$2,573 income − $3,710 expenses = $1,137 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,093
Downpayment
20%
$88,660
Closing costs
1%
$4,433
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,573
Total Expenses
$3,710
Mortgage P&I
96%
$2,467
Property Taxes
16%
$416
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0