This property looks like a bad Long-Term investment with a projected -18.54% first-year return on $90,825 initial cash invested.
-18.54%
Cash On Cash
3.08%
Cap Rate
0.46
DSCR
$2,106
Rent
-$1,403
Cashflow
Cash Flow
$2,106 income − $3,509 expenses = $1,403 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,825
Downpayment
20%
$86,500
Closing costs
1%
$4,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,106
Total Expenses
$3,509
Mortgage P&I
114%
$2,408
Property Taxes
19%
$400
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0