This property looks like a bad Long-Term investment with a projected -19.57% first-year return on $91,098 initial cash invested.
-19.57%
Cash On Cash
2.66%
Cap Rate
0.41
DSCR
$1,890
Rent
-$1,486
Cashflow
Cash Flow
$1,890 income − $3,376 expenses = $1,486 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,098
Downpayment
20%
$86,760
Closing costs
1%
$4,338
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$3,376
Mortgage P&I
125%
$2,355
Property Taxes
18%
$345
Home Insurance
10%
$186
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0