This property looks like a bad Long-Term investment with a projected -13.16% first-year return on $91,182 initial cash invested.
-13.16%
Cash On Cash
3.61%
Cap Rate
0.59
DSCR
$2,062
Rent
-$1,000
Cashflow
Cash Flow
$2,062 income − $3,062 expenses = $1,000 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,182
Downpayment
20%
$86,840
Closing costs
1%
$4,342
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,062
Total Expenses
$3,062
Mortgage P&I
107%
$2,204
Property Taxes
11%
$217
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0