This property looks like a bad Long-Term investment with a projected -11.69% first-year return on $90,678 initial cash invested.
-11.69%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$2,523
Rent
-$883
Cashflow
Cash Flow
$2,523 income − $3,406 expenses = $883 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,678
Downpayment
20%
$86,360
Closing costs
1%
$4,318
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,523
Total Expenses
$3,406
Mortgage P&I
94%
$2,372
Property Taxes
9%
$225
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0