This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $91,749 initial cash invested.
-11.72%
Cash On Cash
4.05%
Cap Rate
0.66
DSCR
$2,715
Rent
-$896
Cashflow
Cash Flow
$2,715 income − $3,611 expenses = $896 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,749
Downpayment
20%
$87,380
Closing costs
1%
$4,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,715
Total Expenses
$3,611
Mortgage P&I
82%
$2,233
Property Taxes
18%
$479
Home Insurance
7%
$192
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0