This property looks like a bad Long-Term investment with a projected -18.13% first-year return on $91,413 initial cash invested.
-18.13%
Cash On Cash
3.09%
Cap Rate
0.47
DSCR
$2,411
Rent
-$1,381
Cashflow
Cash Flow
$2,411 income − $3,792 expenses = $1,381 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,413
Downpayment
20%
$87,060
Closing costs
1%
$4,353
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,411
Total Expenses
$3,792
Mortgage P&I
99%
$2,381
Property Taxes
26%
$628
Home Insurance
6%
$155
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0