This property looks like a bad Long-Term investment with a projected -16.82% first-year return on $91,392 initial cash invested.
-16.82%
Cash On Cash
3.32%
Cap Rate
0.51
DSCR
$2,324
Rent
-$1,281
Cashflow
Cash Flow
$2,324 income − $3,605 expenses = $1,281 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,392
Downpayment
20%
$87,040
Closing costs
1%
$4,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,324
Total Expenses
$3,605
Mortgage P&I
102%
$2,368
Property Taxes
20%
$476
Home Insurance
7%
$158
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0