This property looks like a bad Long-Term investment with a projected -15.65% first-year return on $91,308 initial cash invested.
-15.65%
Cash On Cash
3.62%
Cap Rate
0.55
DSCR
$2,710
Rent
-$1,191
Cashflow
Cash Flow
$2,710 income − $3,901 expenses = $1,191 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,308
Downpayment
20%
$86,960
Closing costs
1%
$4,348
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,710
Total Expenses
$3,901
Mortgage P&I
87%
$2,367
Property Taxes
25%
$688
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0