This property looks like a bad Long-Term investment with a projected -13.21% first-year return on $91,203 initial cash invested.
-13.21%
Cash On Cash
4.18%
Cap Rate
0.63
DSCR
$2,665
Rent
-$1,004
Cashflow
Cash Flow
$2,665 income − $3,669 expenses = $1,004 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,203
Downpayment
20%
$86,860
Closing costs
1%
$4,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,665
Total Expenses
$3,669
Mortgage P&I
89%
$2,383
Property Taxes
16%
$436
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0