This property looks like a bad Long-Term investment with a projected -13.39% first-year return on $90,279 initial cash invested.
-13.39%
Cash On Cash
3.71%
Cap Rate
0.6
DSCR
$2,142
Rent
-$1,007
Cashflow
Cash Flow
$2,142 income − $3,149 expenses = $1,007 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,142
Total Expenses
$3,149
Mortgage P&I
104%
$2,230
Property Taxes
10%
$212
Home Insurance
7%
$150
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0