This property looks like a bad Long-Term investment with a projected -13.09% first-year return on $91,392 initial cash invested.
-13.09%
Cash On Cash
4.11%
Cap Rate
0.63
DSCR
$2,250
Rent
-$997
Cashflow
Cash Flow
$2,250 income − $3,247 expenses = $997 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,392
Downpayment
20%
$87,040
Closing costs
1%
$4,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,250
Total Expenses
$3,247
Mortgage P&I
106%
$2,375
Property Taxes
6%
$128
Home Insurance
7%
$160
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0