This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $91,329 initial cash invested.
-13.06%
Cash On Cash
4.09%
Cap Rate
0.63
DSCR
$2,826
Rent
-$994
Cashflow
Cash Flow
$2,826 income − $3,820 expenses = $994 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,329
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,826
Total Expenses
$3,820
Mortgage P&I
83%
$2,336
Property Taxes
21%
$597
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0