This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $90,678 initial cash invested.
-15.54%
Cash On Cash
3.64%
Cap Rate
0.56
DSCR
$2,497
Rent
-$1,174
Cashflow
Cash Flow
$2,497 income − $3,671 expenses = $1,174 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,678
Downpayment
20%
$86,360
Closing costs
1%
$4,318
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,497
Total Expenses
$3,671
Mortgage P&I
95%
$2,360
Property Taxes
17%
$429
Home Insurance
7%
$175
HOA
2%
$57
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0