This property looks like a bad Long-Term investment with a projected -12.42% first-year return on $92,946 initial cash invested.
-12.42%
Cash On Cash
3.91%
Cap Rate
0.63
DSCR
$2,639
Rent
-$962
Cashflow
Cash Flow
$2,639 income − $3,601 expenses = $962 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,946
Downpayment
20%
$88,520
Closing costs
1%
$4,426
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,639
Total Expenses
$3,601
Mortgage P&I
86%
$2,273
Property Taxes
17%
$445
Home Insurance
6%
$157
HOA
2%
$40
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0