This property looks like a bad Long-Term investment with a projected -18.75% first-year return on $90,426 initial cash invested.
-18.75%
Cash On Cash
2.92%
Cap Rate
0.44
DSCR
$1,862
Rent
-$1,413
Cashflow
Cash Flow
$1,862 income − $3,275 expenses = $1,413 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,426
Downpayment
20%
$86,120
Closing costs
1%
$4,306
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,862
Total Expenses
$3,275
Mortgage P&I
127%
$2,366
Property Taxes
15%
$273
Home Insurance
8%
$152
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0