This property looks like a bad Long-Term investment with a projected -15.62% first-year return on $91,266 initial cash invested.
-15.62%
Cash On Cash
3.41%
Cap Rate
0.53
DSCR
$2,220
Rent
-$1,188
Cashflow
Cash Flow
$2,220 income − $3,408 expenses = $1,188 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,266
Downpayment
20%
$86,920
Closing costs
1%
$4,346
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,220
Total Expenses
$3,408
Mortgage P&I
104%
$2,313
Property Taxes
12%
$256
Home Insurance
6%
$140
HOA
6%
$122
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0