This property looks like a bad Long-Term investment with a projected -22.72% first-year return on $91,539 initial cash invested.
-22.72%
Cash On Cash
2.25%
Cap Rate
0.34
DSCR
$2,240
Rent
-$1,733
Cashflow
Cash Flow
$2,240 income − $3,973 expenses = $1,733 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,539
Downpayment
20%
$87,180
Closing costs
1%
$4,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,240
Total Expenses
$3,973
Mortgage P&I
109%
$2,438
Property Taxes
35%
$795
Home Insurance
7%
$158
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0