This property looks like a bad Long-Term investment with a projected -16.58% first-year return on $91,350 initial cash invested.
-16.58%
Cash On Cash
3.3%
Cap Rate
0.51
DSCR
$2,109
Rent
-$1,262
Cashflow
Cash Flow
$2,109 income − $3,371 expenses = $1,262 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,350
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,109
Total Expenses
$3,371
Mortgage P&I
112%
$2,353
Property Taxes
15%
$318
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$127
Maintenance
5%
$105
Other
0%
$0