This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $91,348 initial cash invested.
-13.96%
Cash On Cash
3.9%
Cap Rate
0.61
DSCR
$3,128
Rent
-$1,063
Cashflow
Cash Flow
$3,128 income − $4,191 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,348
Downpayment
20%
$86,998
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,128
Total Expenses
$4,191
Mortgage P&I
74%
$2,321
Property Taxes
27%
$830
Home Insurance
5%
$152
HOA
2%
$75
Property Management
10%
$313
CapEx
5%
$156
Vacancy
6%
$188
Maintenance
5%
$156
Other
0%
$0