This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $91,392 initial cash invested.
-15.99%
Cash On Cash
3.45%
Cap Rate
0.53
DSCR
$2,299
Rent
-$1,218
Cashflow
Cash Flow
$2,299 income − $3,517 expenses = $1,218 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,392
Downpayment
20%
$87,040
Closing costs
1%
$4,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,299
Total Expenses
$3,517
Mortgage P&I
102%
$2,355
Property Taxes
18%
$410
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0