This property looks like a bad Long-Term investment with a projected -15.94% first-year return on $90,237 initial cash invested.
-15.94%
Cash On Cash
3.47%
Cap Rate
0.53
DSCR
$2,094
Rent
-$1,199
Cashflow
Cash Flow
$2,094 income − $3,293 expenses = $1,199 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,237
Downpayment
20%
$85,940
Closing costs
1%
$4,297
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,094
Total Expenses
$3,293
Mortgage P&I
112%
$2,336
Property Taxes
12%
$256
Home Insurance
7%
$156
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0