This property looks like a bad Long-Term investment with a projected -11.54% first-year return on $90,195 initial cash invested.
-11.54%
Cash On Cash
4.35%
Cap Rate
0.68
DSCR
$2,710
Rent
-$867
Cashflow
Cash Flow
$2,710 income − $3,577 expenses = $867 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,195
Downpayment
20%
$85,900
Closing costs
1%
$4,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,710
Total Expenses
$3,577
Mortgage P&I
84%
$2,288
Property Taxes
16%
$433
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0