This property looks like a bad Long-Term investment with a projected -12.82% first-year return on $91,329 initial cash invested.
-12.82%
Cash On Cash
4.37%
Cap Rate
0.66
DSCR
$2,995
Rent
-$976
Cashflow
Cash Flow
$2,995 income − $3,971 expenses = $976 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,329
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,995
Total Expenses
$3,971
Mortgage P&I
80%
$2,408
Property Taxes
21%
$631
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0