This property looks like a bad Long-Term investment with a projected -10.42% first-year return on $90,321 initial cash invested.
-10.42%
Cash On Cash
4.53%
Cap Rate
0.72
DSCR
$2,868
Rent
-$784
Cashflow
Cash Flow
$2,868 income − $3,652 expenses = $784 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,321
Downpayment
20%
$86,020
Closing costs
1%
$4,301
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,868
Total Expenses
$3,652
Mortgage P&I
79%
$2,265
Property Taxes
16%
$465
Home Insurance
5%
$156
HOA
1%
$21
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0