This property looks like a bad Long-Term investment with a projected -13.68% first-year return on $90,447 initial cash invested.
-13.68%
Cash On Cash
4.12%
Cap Rate
0.62
DSCR
$2,601
Rent
-$1,031
Cashflow
Cash Flow
$2,601 income − $3,632 expenses = $1,031 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,447
Downpayment
20%
$86,140
Closing costs
1%
$4,307
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,601
Total Expenses
$3,632
Mortgage P&I
91%
$2,378
Property Taxes
16%
$422
Home Insurance
6%
$156
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0