This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $91,287 initial cash invested.
-12.54%
Cash On Cash
4.15%
Cap Rate
0.65
DSCR
$2,731
Rent
-$954
Cashflow
Cash Flow
$2,731 income − $3,685 expenses = $954 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,287
Downpayment
20%
$86,940
Closing costs
1%
$4,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,731
Total Expenses
$3,685
Mortgage P&I
85%
$2,322
Property Taxes
18%
$498
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0