This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $91,560 initial cash invested.
-13.59%
Cash On Cash
4.08%
Cap Rate
0.62
DSCR
$2,514
Rent
-$1,037
Cashflow
Cash Flow
$2,514 income − $3,551 expenses = $1,037 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,560
Downpayment
20%
$87,200
Closing costs
1%
$4,360
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,514
Total Expenses
$3,551
Mortgage P&I
95%
$2,392
Property Taxes
14%
$351
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0