This property looks like a bad Long-Term investment with a projected -14.28% first-year return on $90,447 initial cash invested.
-14.28%
Cash On Cash
3.91%
Cap Rate
0.59
DSCR
$2,344
Rent
-$1,076
Cashflow
Cash Flow
$2,344 income − $3,420 expenses = $1,076 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,447
Downpayment
20%
$86,140
Closing costs
1%
$4,307
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,344
Total Expenses
$3,420
Mortgage P&I
101%
$2,364
Property Taxes
12%
$275
Home Insurance
7%
$172
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0