This property looks like a bad Long-Term investment with a projected -21.79% first-year return on $91,434 initial cash invested.
-21.79%
Cash On Cash
2.19%
Cap Rate
0.33
DSCR
$1,470
Rent
-$1,660
Cashflow
Cash Flow
$1,470 income − $3,130 expenses = $1,660 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,434
Downpayment
20%
$87,080
Closing costs
1%
$4,354
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,470
Total Expenses
$3,130
Mortgage P&I
162%
$2,380
Property Taxes
14%
$210
Home Insurance
11%
$157
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0