This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $91,350 initial cash invested.
-10.17%
Cash On Cash
4.83%
Cap Rate
0.73
DSCR
$2,639
Rent
-$774
Cashflow
Cash Flow
$2,639 income − $3,413 expenses = $774 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,639
Total Expenses
$3,413
Mortgage P&I
91%
$2,393
Property Taxes
7%
$182
Home Insurance
6%
$152
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0