This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $91,266 initial cash invested.
-16.67%
Cash On Cash
3.17%
Cap Rate
0.5
DSCR
$2,212
Rent
-$1,268
Cashflow
Cash Flow
$2,212 income − $3,480 expenses = $1,268 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,266
Downpayment
20%
$86,920
Closing costs
1%
$4,346
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,212
Total Expenses
$3,480
Mortgage P&I
104%
$2,305
Property Taxes
11%
$251
Home Insurance
7%
$158
HOA
9%
$190
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0