This property looks like a bad Long-Term investment with a projected -23.24% first-year return on $90,195 initial cash invested.
-23.24%
Cash On Cash
1.93%
Cap Rate
0.29
DSCR
$1,580
Rent
-$1,747
Cashflow
Cash Flow
$1,580 income − $3,327 expenses = $1,747 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
$1,580
Total Expenses
$3,327
Mortgage P&I
149%
$2,357
Property Taxes
26%
$405
Home Insurance
10%
$154
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0