This property looks like a bad Long-Term investment with a projected -13.41% first-year return on $91,350 initial cash invested.
-13.41%
Cash On Cash
3.88%
Cap Rate
0.61
DSCR
$2,097
Rent
-$1,021
Cashflow
Cash Flow
$2,097 income − $3,118 expenses = $1,021 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,097
Total Expenses
$3,118
Mortgage P&I
111%
$2,324
Property Taxes
3%
$71
Home Insurance
7%
$152
HOA
1%
$25
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0