This property looks like a bad Long-Term investment with a projected -17.63% first-year return on $90,804 initial cash invested.
-17.63%
Cash On Cash
3.18%
Cap Rate
0.48
DSCR
$2,227
Rent
-$1,334
Cashflow
Cash Flow
$2,227 income − $3,561 expenses = $1,334 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,804
Downpayment
20%
$86,480
Closing costs
1%
$4,324
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,227
Total Expenses
$3,561
Mortgage P&I
106%
$2,368
Property Taxes
21%
$460
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0