This property looks like a bad Long-Term investment with a projected -7.14% first-year return on $91,602 initial cash invested.
-7.14%
Cash On Cash
5.38%
Cap Rate
0.84
DSCR
$3,220
Rent
-$545
Cashflow
Cash Flow
$3,220 income − $3,765 expenses = $545 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,602
Downpayment
20%
$87,240
Closing costs
1%
$4,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,220
Total Expenses
$3,765
Mortgage P&I
73%
$2,339
Property Taxes
14%
$435
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0