This property looks like a bad Long-Term investment with a projected -14.77% first-year return on $91,182 initial cash invested.
-14.77%
Cash On Cash
3.41%
Cap Rate
0.55
DSCR
$2,045
Rent
-$1,122
Cashflow
Cash Flow
$2,045 income − $3,167 expenses = $1,122 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,182
Downpayment
20%
$86,840
Closing costs
1%
$4,342
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,045
Total Expenses
$3,167
Mortgage P&I
110%
$2,255
Property Taxes
11%
$226
Home Insurance
8%
$155
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0