This property looks like a bad Long-Term investment with a projected -18.04% first-year return on $90,846 initial cash invested.
-18.04%
Cash On Cash
2.8%
Cap Rate
0.44
DSCR
$1,881
Rent
-$1,366
Cashflow
Cash Flow
$1,881 income − $3,247 expenses = $1,366 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,846
Downpayment
20%
$86,520
Closing costs
1%
$4,326
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,881
Total Expenses
$3,247
Mortgage P&I
121%
$2,283
Property Taxes
17%
$318
Home Insurance
8%
$157
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0