This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $91,182 initial cash invested.
-12.32%
Cash On Cash
3.83%
Cap Rate
0.63
DSCR
$2,252
Rent
-$936
Cashflow
Cash Flow
$2,252 income − $3,188 expenses = $936 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,182
Downpayment
20%
$86,840
Closing costs
1%
$4,342
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,252
Total Expenses
$3,188
Mortgage P&I
98%
$2,208
Property Taxes
11%
$240
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0