This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $91,644 initial cash invested.
-12.32%
Cash On Cash
4.24%
Cap Rate
0.66
DSCR
$2,695
Rent
-$941
Cashflow
Cash Flow
$2,695 income − $3,636 expenses = $941 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,644
Downpayment
20%
$87,280
Closing costs
1%
$4,364
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,695
Total Expenses
$3,636
Mortgage P&I
87%
$2,349
Property Taxes
16%
$427
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0