This property looks like a bad Long-Term investment with a projected -14.87% first-year return on $91,245 initial cash invested.
-14.87%
Cash On Cash
3.48%
Cap Rate
0.55
DSCR
$2,203
Rent
-$1,131
Cashflow
Cash Flow
$2,203 income − $3,334 expenses = $1,131 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,245
Downpayment
20%
$86,900
Closing costs
1%
$4,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,203
Total Expenses
$3,334
Mortgage P&I
103%
$2,280
Property Taxes
15%
$330
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0