This property looks like a bad Long-Term investment with a projected -10.65% first-year return on $90,468 initial cash invested.
-10.65%
Cash On Cash
4.67%
Cap Rate
0.72
DSCR
$2,765
Rent
-$803
Cashflow
Cash Flow
$2,765 income − $3,568 expenses = $803 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,468
Downpayment
20%
$86,160
Closing costs
1%
$4,308
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,765
Total Expenses
$3,568
Mortgage P&I
85%
$2,341
Property Taxes
11%
$306
Home Insurance
7%
$203
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0