This property looks like a bad Long-Term investment with a projected -16.56% first-year return on $92,190 initial cash invested.
-16.56%
Cash On Cash
2.91%
Cap Rate
0.47
DSCR
$1,758
Rent
-$1,272
Cashflow
Cash Flow
$1,758 income − $3,030 expenses = $1,272 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,758
Total Expenses
$3,030
Mortgage P&I
128%
$2,248
Property Taxes
10%
$171
Home Insurance
9%
$154
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0