This property looks like a bad Long-Term investment with a projected -17.3% first-year return on $91,329 initial cash invested.
-17.3%
Cash On Cash
3.3%
Cap Rate
0.49
DSCR
$1,858
Rent
-$1,317
Cashflow
Cash Flow
$1,858 income − $3,175 expenses = $1,317 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,858
Total Expenses
$3,175
Mortgage P&I
130%
$2,419
Property Taxes
7%
$121
Home Insurance
8%
$152
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0