This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $91,119 initial cash invested.
-12.63%
Cash On Cash
4.19%
Cap Rate
0.65
DSCR
$2,907
Rent
-$959
Cashflow
Cash Flow
$2,907 income − $3,866 expenses = $959 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,119
Downpayment
20%
$86,780
Closing costs
1%
$4,339
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,907
Total Expenses
$3,866
Mortgage P&I
80%
$2,329
Property Taxes
13%
$389
Home Insurance
5%
$154
HOA
8%
$239
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0