This property looks like a bad Long-Term investment with a projected -16.74% first-year return on $91,350 initial cash invested.
-16.74%
Cash On Cash
3.39%
Cap Rate
0.52
DSCR
$2,418
Rent
-$1,274
Cashflow
Cash Flow
$2,418 income − $3,692 expenses = $1,274 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,418
Total Expenses
$3,692
Mortgage P&I
99%
$2,382
Property Taxes
22%
$529
Home Insurance
6%
$152
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0