This property looks like a bad Long-Term investment with a projected -15.02% first-year return on $91,140 initial cash invested.
-15.02%
Cash On Cash
3.71%
Cap Rate
0.56
DSCR
$2,163
Rent
-$1,141
Cashflow
Cash Flow
$2,163 income − $3,304 expenses = $1,141 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,140
Downpayment
20%
$86,800
Closing costs
1%
$4,340
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,163
Total Expenses
$3,304
Mortgage P&I
110%
$2,373
Property Taxes
10%
$215
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0