This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $90,930 initial cash invested.
-11.89%
Cash On Cash
4.48%
Cap Rate
0.68
DSCR
$2,649
Rent
-$901
Cashflow
Cash Flow
$2,649 income − $3,550 expenses = $901 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,930
Downpayment
20%
$86,600
Closing costs
1%
$4,330
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,649
Total Expenses
$3,550
Mortgage P&I
90%
$2,386
Property Taxes
12%
$329
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0