This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $91,350 initial cash invested.
-15.61%
Cash On Cash
3.48%
Cap Rate
0.54
DSCR
$2,305
Rent
-$1,188
Cashflow
Cash Flow
$2,305 income − $3,493 expenses = $1,188 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,305
Total Expenses
$3,493
Mortgage P&I
101%
$2,333
Property Taxes
18%
$410
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0