This property looks like a bad Long-Term investment with a projected -9.31% first-year return on $90,993 initial cash invested.
-9.31%
Cash On Cash
5.01%
Cap Rate
0.77
DSCR
$3,376
Rent
-$706
Cashflow
Cash Flow
$3,376 income − $4,082 expenses = $706 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,993
Downpayment
20%
$86,660
Closing costs
1%
$4,333
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,376
Total Expenses
$4,082
Mortgage P&I
69%
$2,346
Property Taxes
21%
$712
Home Insurance
4%
$145
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0