This property looks like a bad Long-Term investment with a projected -14.77% first-year return on $90,405 initial cash invested.
-14.77%
Cash On Cash
3.7%
Cap Rate
0.57
DSCR
$2,163
Rent
-$1,113
Cashflow
Cash Flow
$2,163 income − $3,276 expenses = $1,113 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,405
Downpayment
20%
$86,100
Closing costs
1%
$4,305
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,163
Total Expenses
$3,276
Mortgage P&I
108%
$2,332
Property Taxes
11%
$228
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0