This property looks like a bad Long-Term investment with a projected -17.66% first-year return on $91,350 initial cash invested.
-17.66%
Cash On Cash
3.19%
Cap Rate
0.48
DSCR
$2,141
Rent
-$1,344
Cashflow
Cash Flow
$2,141 income − $3,485 expenses = $1,344 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,141
Total Expenses
$3,485
Mortgage P&I
112%
$2,394
Property Taxes
18%
$383
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0