This property looks like a bad Long-Term investment with a projected -14.93% first-year return on $90,279 initial cash invested.
-14.93%
Cash On Cash
3.68%
Cap Rate
0.56
DSCR
$2,031
Rent
-$1,123
Cashflow
Cash Flow
$2,031 income − $3,154 expenses = $1,123 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,031
Total Expenses
$3,154
Mortgage P&I
115%
$2,341
Property Taxes
7%
$134
Home Insurance
7%
$150
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0