This property looks like a bad Long-Term investment with a projected -28.03% first-year return on $90,300 initial cash invested.
-28.03%
Cash On Cash
1.16%
Cap Rate
0.17
DSCR
$1,202
Rent
-$2,109
Cashflow
Cash Flow
$1,202 income − $3,311 expenses = $2,109 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,300
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,202
Total Expenses
$3,311
Mortgage P&I
205%
$2,464
Property Taxes
32%
$385
Home Insurance
12%
$150
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0