This property looks like a bad Long-Term investment with a projected -13.16% first-year return on $90,279 initial cash invested.
-13.16%
Cash On Cash
4.2%
Cap Rate
0.64
DSCR
$3,249
Rent
-$990
Cashflow
Cash Flow
$3,249 income − $4,239 expenses = $990 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,249
Total Expenses
$4,239
Mortgage P&I
72%
$2,331
Property Taxes
28%
$914
Home Insurance
5%
$150
HOA
0%
$0
Property Management
10%
$325
CapEx
5%
$162
Vacancy
6%
$195
Maintenance
5%
$162
Other
0%
$0