This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $90,951 initial cash invested.
-14.76%
Cash On Cash
3.85%
Cap Rate
0.59
DSCR
$3,043
Rent
-$1,119
Cashflow
Cash Flow
$3,043 income − $4,162 expenses = $1,119 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,951
Downpayment
20%
$86,620
Closing costs
1%
$4,331
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,043
Total Expenses
$4,162
Mortgage P&I
77%
$2,355
Property Taxes
28%
$858
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0