This property looks like a bad Long-Term investment with a projected -15.63% first-year return on $90,972 initial cash invested.
-15.63%
Cash On Cash
3.64%
Cap Rate
0.55
DSCR
$2,038
Rent
-$1,185
Cashflow
Cash Flow
$2,038 income − $3,223 expenses = $1,185 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,972
Downpayment
20%
$86,640
Closing costs
1%
$4,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,038
Total Expenses
$3,223
Mortgage P&I
118%
$2,398
Property Taxes
6%
$127
Home Insurance
8%
$154
HOA
1%
$14
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0