This property looks like a bad Long-Term investment with a projected -21.43% first-year return on $89,691 initial cash invested.
-21.43%
Cash On Cash
2.36%
Cap Rate
0.36
DSCR
$2,076
Rent
-$1,602
Cashflow
Cash Flow
$2,076 income − $3,678 expenses = $1,602 out of pocket
Investment Breakdown
|
Purchase Price
$427k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,691
Downpayment
20%
$85,420
Closing costs
1%
$4,271
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,076
Total Expenses
$3,678
Mortgage P&I
113%
$2,339
Property Taxes
22%
$458
Home Insurance
7%
$135
HOA
10%
$205
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0