This property looks like a bad Long-Term investment with a projected -13.74% first-year return on $90,195 initial cash invested.
-13.74%
Cash On Cash
3.52%
Cap Rate
0.58
DSCR
$2,072
Rent
-$1,033
Cashflow
Cash Flow
$2,072 income − $3,105 expenses = $1,033 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,195
Downpayment
20%
$85,900
Closing costs
1%
$4,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,072
Total Expenses
$3,105
Mortgage P&I
106%
$2,190
Property Taxes
11%
$226
Home Insurance
7%
$150
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0