This property looks like a bad Long-Term investment with a projected -19.11% first-year return on $93,198 initial cash invested.
-19.11%
Cash On Cash
2.8%
Cap Rate
0.42
DSCR
$1,632
Rent
-$1,484
Cashflow
Cash Flow
$1,632 income − $3,116 expenses = $1,484 out of pocket
Investment Breakdown
|
Purchase Price
$444k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,198
Downpayment
20%
$88,760
Closing costs
1%
$4,438
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,632
Total Expenses
$3,116
Mortgage P&I
149%
$2,437
Property Taxes
6%
$93
Home Insurance
10%
$161
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0