This property looks like a bad Long-Term investment with a projected -18.96% first-year return on $91,203 initial cash invested.
-18.96%
Cash On Cash
2.88%
Cap Rate
0.43
DSCR
$1,688
Rent
-$1,441
Cashflow
Cash Flow
$1,688 income − $3,129 expenses = $1,441 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,203
Downpayment
20%
$86,860
Closing costs
1%
$4,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,688
Total Expenses
$3,129
Mortgage P&I
142%
$2,400
Property Taxes
8%
$133
Home Insurance
9%
$158
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0