This property looks like a bad Long-Term investment with a projected -13.85% first-year return on $92,190 initial cash invested.
-13.85%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$2,272
Rent
-$1,064
Cashflow
Cash Flow
$2,272 income − $3,336 expenses = $1,064 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,272
Total Expenses
$3,336
Mortgage P&I
106%
$2,416
Property Taxes
5%
$108
Home Insurance
7%
$154
HOA
3%
$67
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0