This property looks like a bad Long-Term investment with a projected -14.87% first-year return on $90,972 initial cash invested.
-14.87%
Cash On Cash
3.66%
Cap Rate
0.57
DSCR
$2,541
Rent
-$1,127
Cashflow
Cash Flow
$2,541 income − $3,668 expenses = $1,127 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,972
Downpayment
20%
$86,640
Closing costs
1%
$4,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,541
Total Expenses
$3,668
Mortgage P&I
91%
$2,323
Property Taxes
21%
$531
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0