This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $91,329 initial cash invested.
-16.67%
Cash On Cash
3.56%
Cap Rate
0.53
DSCR
$2,518
Rent
-$1,269
Cashflow
Cash Flow
$2,518 income − $3,787 expenses = $1,269 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,329
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,518
Total Expenses
$3,787
Mortgage P&I
97%
$2,432
Property Taxes
22%
$553
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0