This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $91,203 initial cash invested.
-14.07%
Cash On Cash
3.92%
Cap Rate
0.6
DSCR
$2,500
Rent
-$1,069
Cashflow
Cash Flow
$2,500 income − $3,569 expenses = $1,069 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,203
Downpayment
20%
$86,860
Closing costs
1%
$4,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,500
Total Expenses
$3,569
Mortgage P&I
95%
$2,363
Property Taxes
16%
$398
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0