This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $90,783 initial cash invested.
-8.62%
Cash On Cash
5.25%
Cap Rate
0.79
DSCR
$3,212
Rent
-$652
Cashflow
Cash Flow
$3,212 income − $3,864 expenses = $652 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,783
Downpayment
20%
$86,460
Closing costs
1%
$4,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,212
Total Expenses
$3,864
Mortgage P&I
74%
$2,383
Property Taxes
16%
$501
Home Insurance
4%
$144
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0