This property looks like a bad Long-Term investment with a projected -15.63% first-year return on $90,888 initial cash invested.
-15.63%
Cash On Cash
3.56%
Cap Rate
0.55
DSCR
$2,886
Rent
-$1,184
Cashflow
Cash Flow
$2,886 income − $4,070 expenses = $1,184 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,888
Downpayment
20%
$86,560
Closing costs
1%
$4,328
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,886
Total Expenses
$4,070
Mortgage P&I
81%
$2,325
Property Taxes
29%
$837
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0