This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $90,573 initial cash invested.
-8.53%
Cash On Cash
5.26%
Cap Rate
0.81
DSCR
$3,803
Rent
-$644
Cashflow
Cash Flow
$3,803 income − $4,447 expenses = $644 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,573
Downpayment
20%
$86,260
Closing costs
1%
$4,313
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,803
Total Expenses
$4,447
Mortgage P&I
62%
$2,345
Property Taxes
25%
$960
Home Insurance
4%
$154
HOA
0%
$0
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0