This property looks like a bad Long-Term investment with a projected -14.96% first-year return on $91,350 initial cash invested.
-14.96%
Cash On Cash
3.52%
Cap Rate
0.56
DSCR
$2,811
Rent
-$1,139
Cashflow
Cash Flow
$2,811 income − $3,950 expenses = $1,139 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,811
Total Expenses
$3,950
Mortgage P&I
81%
$2,274
Property Taxes
28%
$792
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0