This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $91,623 initial cash invested.
-7.67%
Cash On Cash
4.99%
Cap Rate
0.81
DSCR
$2,989
Rent
-$586
Cashflow
Cash Flow
$2,989 income − $3,575 expenses = $586 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,623
Downpayment
20%
$87,260
Closing costs
1%
$4,363
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,989
Total Expenses
$3,575
Mortgage P&I
75%
$2,252
Property Taxes
13%
$389
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0