This property looks like a bad Long-Term investment with a projected -23.11% first-year return on $90,783 initial cash invested.
-23.11%
Cash On Cash
2.12%
Cap Rate
0.32
DSCR
$2,843
Rent
-$1,748
Cashflow
Cash Flow
$2,843 income − $4,591 expenses = $1,748 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,783
Downpayment
20%
$86,460
Closing costs
1%
$4,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,843
Total Expenses
$4,591
Mortgage P&I
83%
$2,368
Property Taxes
18%
$511
Home Insurance
5%
$155
HOA
29%
$818
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0