This property looks like a bad Long-Term investment with a projected -15.48% first-year return on $91,161 initial cash invested.
-15.48%
Cash On Cash
3.18%
Cap Rate
0.52
DSCR
$2,363
Rent
-$1,176
Cashflow
Cash Flow
$2,363 income − $3,539 expenses = $1,176 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,161
Downpayment
20%
$86,820
Closing costs
1%
$4,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,363
Total Expenses
$3,539
Mortgage P&I
93%
$2,208
Property Taxes
23%
$544
Home Insurance
6%
$131
HOA
2%
$42
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0