This property looks like a bad Long-Term investment with a projected -16.92% first-year return on $90,279 initial cash invested.
-16.92%
Cash On Cash
3.15%
Cap Rate
0.49
DSCR
$1,712
Rent
-$1,273
Cashflow
Cash Flow
$1,712 income − $2,985 expenses = $1,273 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,279
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,712
Total Expenses
$2,985
Mortgage P&I
135%
$2,317
Property Taxes
4%
$72
Home Insurance
9%
$150
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0