This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $93,261 initial cash invested.
-15.61%
Cash On Cash
3.57%
Cap Rate
0.54
DSCR
$2,082
Rent
-$1,213
Cashflow
Cash Flow
$2,082 income − $3,295 expenses = $1,213 out of pocket
Investment Breakdown
|
Purchase Price
$444k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,261
Downpayment
20%
$88,820
Closing costs
1%
$4,441
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,082
Total Expenses
$3,295
Mortgage P&I
117%
$2,430
Property Taxes
8%
$166
Home Insurance
8%
$158
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0