This property looks like a bad Long-Term investment with a projected -16.61% first-year return on $91,308 initial cash invested.
-16.61%
Cash On Cash
2.97%
Cap Rate
0.48
DSCR
$2,296
Rent
-$1,264
Cashflow
Cash Flow
$2,296 income − $3,560 expenses = $1,264 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,308
Downpayment
20%
$86,960
Closing costs
1%
$4,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,296
Total Expenses
$3,560
Mortgage P&I
97%
$2,225
Property Taxes
25%
$583
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0