This property looks like a bad Long-Term investment with a projected -17.2% first-year return on $91,350 initial cash invested.
-17.2%
Cash On Cash
3.37%
Cap Rate
0.5
DSCR
$2,178
Rent
-$1,309
Cashflow
Cash Flow
$2,178 income − $3,487 expenses = $1,309 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,178
Total Expenses
$3,487
Mortgage P&I
111%
$2,423
Property Taxes
16%
$345
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0