This property looks like a bad Long-Term investment with a projected -10.49% first-year return on $91,077 initial cash invested.
-10.49%
Cash On Cash
4.64%
Cap Rate
0.72
DSCR
$2,836
Rent
-$796
Cashflow
Cash Flow
$2,836 income − $3,632 expenses = $796 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,077
Downpayment
20%
$86,740
Closing costs
1%
$4,337
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,836
Total Expenses
$3,632
Mortgage P&I
82%
$2,331
Property Taxes
14%
$405
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0