This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $92,379 initial cash invested.
-9.34%
Cash On Cash
4.98%
Cap Rate
0.76
DSCR
$2,735
Rent
-$719
Cashflow
Cash Flow
$2,735 income − $3,454 expenses = $719 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,379
Downpayment
20%
$87,980
Closing costs
1%
$4,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,735
Total Expenses
$3,454
Mortgage P&I
88%
$2,408
Property Taxes
7%
$180
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0