This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $91,329 initial cash invested.
-10.73%
Cash On Cash
4.68%
Cap Rate
0.71
DSCR
$2,492
Rent
-$817
Cashflow
Cash Flow
$2,492 income − $3,309 expenses = $817 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,329
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,492
Total Expenses
$3,309
Mortgage P&I
96%
$2,387
Property Taxes
5%
$121
Home Insurance
6%
$152
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0