This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $90,279 initial cash invested.
-14.67%
Cash On Cash
3.69%
Cap Rate
0.57
DSCR
$2,313
Rent
-$1,104
Cashflow
Cash Flow
$2,313 income − $3,417 expenses = $1,104 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,279
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,313
Total Expenses
$3,417
Mortgage P&I
100%
$2,310
Property Taxes
12%
$267
Home Insurance
6%
$150
HOA
4%
$88
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0