This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $90,867 initial cash invested.
-10.45%
Cash On Cash
4.27%
Cap Rate
0.7
DSCR
$2,563
Rent
-$791
Cashflow
Cash Flow
$2,563 income − $3,354 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,867
Downpayment
20%
$86,540
Closing costs
1%
$4,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,563
Total Expenses
$3,354
Mortgage P&I
86%
$2,202
Property Taxes
11%
$294
Home Insurance
7%
$192
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0