This property looks like a bad Long-Term investment with a projected -15.5% first-year return on $91,350 initial cash invested.
-15.5%
Cash On Cash
3.13%
Cap Rate
0.51
DSCR
$2,155
Rent
-$1,180
Cashflow
Cash Flow
$2,155 income − $3,335 expenses = $1,180 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,155
Total Expenses
$3,335
Mortgage P&I
102%
$2,207
Property Taxes
19%
$415
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0