This property looks like a bad Long-Term investment with a projected -17.45% first-year return on $90,699 initial cash invested.
-17.45%
Cash On Cash
3.11%
Cap Rate
0.48
DSCR
$2,437
Rent
-$1,319
Cashflow
Cash Flow
$2,437 income − $3,756 expenses = $1,319 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,699
Downpayment
20%
$86,380
Closing costs
1%
$4,319
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,437
Total Expenses
$3,756
Mortgage P&I
95%
$2,316
Property Taxes
17%
$406
Home Insurance
6%
$152
HOA
10%
$248
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0