This property looks like a bad Long-Term investment with a projected -8.96% first-year return on $91,308 initial cash invested.
-8.96%
Cash On Cash
5.27%
Cap Rate
0.79
DSCR
$3,373
Rent
-$682
Cashflow
Cash Flow
$3,373 income − $4,055 expenses = $682 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,308
Downpayment
20%
$86,960
Closing costs
1%
$4,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,373
Total Expenses
$4,055
Mortgage P&I
72%
$2,424
Property Taxes
18%
$600
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0