This property looks like a bad Long-Term investment with a projected -13.85% first-year return on $90,279 initial cash invested.
-13.85%
Cash On Cash
4.19%
Cap Rate
0.62
DSCR
$2,775
Rent
-$1,042
Cashflow
Cash Flow
$2,775 income − $3,817 expenses = $1,042 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,279
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,775
Total Expenses
$3,817
Mortgage P&I
87%
$2,405
Property Taxes
19%
$530
Home Insurance
5%
$150
HOA
0%
$10
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0