This property looks like a bad Long-Term investment with a projected -7.68% first-year return on $90,825 initial cash invested.
-7.68%
Cash On Cash
5.35%
Cap Rate
0.83
DSCR
$3,552
Rent
-$581
Cashflow
Cash Flow
$3,552 income − $4,133 expenses = $581 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,825
Downpayment
20%
$86,500
Closing costs
1%
$4,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,552
Total Expenses
$4,133
Mortgage P&I
66%
$2,331
Property Taxes
21%
$729
Home Insurance
4%
$149
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0