This property looks like a bad Long-Term investment with a projected -0.69% first-year return on $90,300 initial cash invested.
-0.69%
Cash On Cash
7.11%
Cap Rate
1.06
DSCR
$4,077
Rent
-$52
Cashflow
Cash Flow
$4,077 income − $4,129 expenses = $52 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,300
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,077
Total Expenses
$4,129
Mortgage P&I
59%
$2,396
Property Taxes
13%
$522
Home Insurance
4%
$150
HOA
0%
$0
Property Management
10%
$408
CapEx
5%
$204
Vacancy
6%
$245
Maintenance
5%
$204
Other
0%
$0