This property looks like a bad Long-Term investment with a projected -10.02% first-year return on $91,350 initial cash invested.
-10.02%
Cash On Cash
4.75%
Cap Rate
0.73
DSCR
$2,454
Rent
-$763
Cashflow
Cash Flow
$2,454 income − $3,217 expenses = $763 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,454
Total Expenses
$3,217
Mortgage P&I
96%
$2,361
Property Taxes
3%
$66
Home Insurance
6%
$152
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0