This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $90,678 initial cash invested.
-13.82%
Cash On Cash
3.57%
Cap Rate
0.58
DSCR
$2,384
Rent
-$1,044
Cashflow
Cash Flow
$2,384 income − $3,428 expenses = $1,044 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,678
Downpayment
20%
$86,360
Closing costs
1%
$4,318
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,384
Total Expenses
$3,428
Mortgage P&I
93%
$2,209
Property Taxes
19%
$446
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0