This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $91,119 initial cash invested.
-12.41%
Cash On Cash
4.25%
Cap Rate
0.66
DSCR
$3,217
Rent
-$942
Cashflow
Cash Flow
$3,217 income − $4,159 expenses = $942 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,119
Downpayment
20%
$86,780
Closing costs
1%
$4,339
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,217
Total Expenses
$4,159
Mortgage P&I
72%
$2,316
Property Taxes
20%
$646
Home Insurance
5%
$150
HOA
7%
$210
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0