This property looks like a bad Long-Term investment with a projected -11.12% first-year return on $92,190 initial cash invested.
-11.12%
Cash On Cash
4.18%
Cap Rate
0.68
DSCR
$2,362
Rent
-$854
Cashflow
Cash Flow
$2,362 income − $3,216 expenses = $854 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,362
Total Expenses
$3,216
Mortgage P&I
96%
$2,265
Property Taxes
8%
$183
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0