This property looks like a bad Long-Term investment with a projected -24.16% first-year return on $91,350 initial cash invested.
-24.16%
Cash On Cash
1.86%
Cap Rate
0.28
DSCR
$1,534
Rent
-$1,839
Cashflow
Cash Flow
$1,534 income − $3,373 expenses = $1,839 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
$1,534
Total Expenses
$3,373
Mortgage P&I
159%
$2,436
Property Taxes
24%
$369
Home Insurance
10%
$152
HOA
1%
$17
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0