This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $90,636 initial cash invested.
-17.6%
Cash On Cash
2.83%
Cap Rate
0.45
DSCR
$2,089
Rent
-$1,329
Cashflow
Cash Flow
$2,089 income − $3,418 expenses = $1,329 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,636
Downpayment
20%
$86,320
Closing costs
1%
$4,316
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,089
Total Expenses
$3,418
Mortgage P&I
107%
$2,242
Property Taxes
19%
$402
Home Insurance
8%
$158
HOA
4%
$74
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0