This property looks like a bad Long-Term investment with a projected -19.19% first-year return on $91,476 initial cash invested.
-19.19%
Cash On Cash
2.85%
Cap Rate
0.43
DSCR
$2,237
Rent
-$1,463
Cashflow
Cash Flow
$2,237 income − $3,700 expenses = $1,463 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,476
Downpayment
20%
$87,120
Closing costs
1%
$4,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,237
Total Expenses
$3,700
Mortgage P&I
107%
$2,386
Property Taxes
25%
$566
Home Insurance
6%
$145
HOA
1%
$21
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0