This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $92,085 initial cash invested.
-12.16%
Cash On Cash
4.55%
Cap Rate
0.68
DSCR
$2,865
Rent
-$933
Cashflow
Cash Flow
$2,865 income − $3,798 expenses = $933 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,085
Downpayment
20%
$87,700
Closing costs
1%
$4,385
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,865
Total Expenses
$3,798
Mortgage P&I
86%
$2,452
Property Taxes
16%
$448
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0