This property looks like a bad Long-Term investment with a projected -9.79% first-year return on $90,573 initial cash invested.
-9.79%
Cash On Cash
5.03%
Cap Rate
0.75
DSCR
$2,885
Rent
-$739
Cashflow
Cash Flow
$2,885 income − $3,624 expenses = $739 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,573
Downpayment
20%
$86,260
Closing costs
1%
$4,313
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,885
Total Expenses
$3,624
Mortgage P&I
83%
$2,404
Property Taxes
11%
$331
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0