This property looks like a bad Long-Term investment with a projected -15.45% first-year return on $90,195 initial cash invested.
-15.45%
Cash On Cash
3.6%
Cap Rate
0.55
DSCR
$2,072
Rent
-$1,161
Cashflow
Cash Flow
$2,072 income − $3,233 expenses = $1,161 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,195
Downpayment
20%
$85,900
Closing costs
1%
$4,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,072
Total Expenses
$3,233
Mortgage P&I
113%
$2,344
Property Taxes
10%
$198
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0