This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $91,434 initial cash invested.
-10.74%
Cash On Cash
4.61%
Cap Rate
0.71
DSCR
$2,732
Rent
-$818
Cashflow
Cash Flow
$2,732 income − $3,550 expenses = $818 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,434
Downpayment
20%
$87,080
Closing costs
1%
$4,354
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,732
Total Expenses
$3,550
Mortgage P&I
86%
$2,354
Property Taxes
11%
$294
Home Insurance
6%
$158
HOA
1%
$33
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0