This property looks like a bad Long-Term investment with a projected -9.98% first-year return on $92,358 initial cash invested.
-9.98%
Cash On Cash
4.86%
Cap Rate
0.74
DSCR
$3,136
Rent
-$768
Cashflow
Cash Flow
$3,136 income − $3,904 expenses = $768 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,358
Downpayment
20%
$87,960
Closing costs
1%
$4,398
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,136
Total Expenses
$3,904
Mortgage P&I
76%
$2,394
Property Taxes
17%
$542
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$314
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0