This property looks like a bad Long-Term investment with a projected -9.27% first-year return on $91,476 initial cash invested.
-9.27%
Cash On Cash
4.89%
Cap Rate
0.76
DSCR
$2,811
Rent
-$707
Cashflow
Cash Flow
$2,811 income − $3,518 expenses = $707 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,476
Downpayment
20%
$87,120
Closing costs
1%
$4,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,811
Total Expenses
$3,518
Mortgage P&I
83%
$2,341
Property Taxes
4%
$100
Home Insurance
6%
$158
HOA
7%
$187
Property Management
10%
$281
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0