This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $92,253 initial cash invested.
-11.03%
Cash On Cash
4.71%
Cap Rate
0.71
DSCR
$2,692
Rent
-$848
Cashflow
Cash Flow
$2,692 income − $3,540 expenses = $848 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,253
Downpayment
20%
$87,860
Closing costs
1%
$4,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,692
Total Expenses
$3,540
Mortgage P&I
91%
$2,437
Property Taxes
7%
$193
Home Insurance
6%
$154
HOA
2%
$55
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0