This property looks like a bad Long-Term investment with a projected -8.65% first-year return on $91,266 initial cash invested.
-8.65%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$2,867
Rent
-$658
Cashflow
Cash Flow
$2,867 income − $3,525 expenses = $658 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,266
Downpayment
20%
$86,920
Closing costs
1%
$4,346
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,867
Total Expenses
$3,525
Mortgage P&I
82%
$2,344
Property Taxes
10%
$275
Home Insurance
6%
$161
HOA
0%
$0
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0