This property looks like a bad Long-Term investment with a projected -11.87% first-year return on $91,182 initial cash invested.
-11.87%
Cash On Cash
4.15%
Cap Rate
0.65
DSCR
$2,229
Rent
-$902
Cashflow
Cash Flow
$2,229 income − $3,131 expenses = $902 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,229
Total Expenses
$3,131
Mortgage P&I
103%
$2,292
Property Taxes
3%
$68
Home Insurance
7%
$154
HOA
2%
$38
Property Management
10%
$223
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0