This property looks like a bad Long-Term investment with a projected -18.88% first-year return on $90,783 initial cash invested.
-18.88%
Cash On Cash
3.13%
Cap Rate
0.46
DSCR
$1,857
Rent
-$1,428
Cashflow
Cash Flow
$1,857 income − $3,285 expenses = $1,428 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,783
Downpayment
20%
$86,460
Closing costs
1%
$4,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,857
Total Expenses
$3,285
Mortgage P&I
133%
$2,464
Property Taxes
7%
$135
Home Insurance
9%
$164
HOA
2%
$39
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0