This property looks like a bad Long-Term investment with a projected -14.13% first-year return on $90,300 initial cash invested.
-14.13%
Cash On Cash
3.97%
Cap Rate
0.6
DSCR
$2,669
Rent
-$1,063
Cashflow
Cash Flow
$2,669 income − $3,732 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,300
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,669
Total Expenses
$3,732
Mortgage P&I
88%
$2,354
Property Taxes
16%
$422
Home Insurance
6%
$150
HOA
4%
$113
Property Management
10%
$267
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0