This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $91,539 initial cash invested.
-16.19%
Cash On Cash
3.47%
Cap Rate
0.53
DSCR
$2,545
Rent
-$1,235
Cashflow
Cash Flow
$2,545 income − $3,780 expenses = $1,235 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,539
Downpayment
20%
$87,180
Closing costs
1%
$4,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,545
Total Expenses
$3,780
Mortgage P&I
93%
$2,370
Property Taxes
23%
$595
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0