This property looks like a bad Long-Term investment with a projected -4.86% first-year return on $91,350 initial cash invested.
-4.86%
Cash On Cash
5.46%
Cap Rate
0.9
DSCR
$3,145
Rent
-$370
Cashflow
Cash Flow
$3,145 income − $3,515 expenses = $370 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,145
Total Expenses
$3,515
Mortgage P&I
70%
$2,194
Property Taxes
11%
$352
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$314
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0