This property looks like a bad Long-Term investment with a projected -12.19% first-year return on $91,644 initial cash invested.
-12.19%
Cash On Cash
4.3%
Cap Rate
0.66
DSCR
$2,677
Rent
-$931
Cashflow
Cash Flow
$2,677 income − $3,608 expenses = $931 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,644
Downpayment
20%
$87,280
Closing costs
1%
$4,364
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,677
Total Expenses
$3,608
Mortgage P&I
88%
$2,362
Property Taxes
15%
$393
Home Insurance
6%
$156
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0