This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $90,363 initial cash invested.
-11.53%
Cash On Cash
4.1%
Cap Rate
0.66
DSCR
$2,314
Rent
-$868
Cashflow
Cash Flow
$2,314 income − $3,182 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,363
Downpayment
20%
$86,060
Closing costs
1%
$4,303
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,314
Total Expenses
$3,182
Mortgage P&I
96%
$2,222
Property Taxes
8%
$185
Home Insurance
7%
$156
HOA
1%
$17
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0