This property looks like a bad Long-Term investment with a projected -20.01% first-year return on $91,329 initial cash invested.
-20.01%
Cash On Cash
2.28%
Cap Rate
0.37
DSCR
$1,716
Rent
-$1,523
Cashflow
Cash Flow
$1,716 income − $3,239 expenses = $1,523 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,329
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$3,239
Mortgage P&I
132%
$2,265
Property Taxes
22%
$375
Home Insurance
9%
$152
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0