This property looks like a bad Long-Term investment with a projected -19.54% first-year return on $92,589 initial cash invested.
-19.54%
Cash On Cash
2.81%
Cap Rate
0.42
DSCR
$2,175
Rent
-$1,508
Cashflow
Cash Flow
$2,175 income − $3,683 expenses = $1,508 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,589
Downpayment
20%
$88,180
Closing costs
1%
$4,409
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,175
Total Expenses
$3,683
Mortgage P&I
112%
$2,430
Property Taxes
25%
$533
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0