This property looks like a bad Long-Term investment with a projected -16.47% first-year return on $90,657 initial cash invested.
-16.47%
Cash On Cash
3.31%
Cap Rate
0.51
DSCR
$2,045
Rent
-$1,244
Cashflow
Cash Flow
$2,045 income − $3,289 expenses = $1,244 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,657
Downpayment
20%
$86,340
Closing costs
1%
$4,317
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,045
Total Expenses
$3,289
Mortgage P&I
114%
$2,332
Property Taxes
13%
$274
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0