This property looks like a bad Long-Term investment with a projected -12.55% first-year return on $90,867 initial cash invested.
-12.55%
Cash On Cash
4.34%
Cap Rate
0.66
DSCR
$2,712
Rent
-$950
Cashflow
Cash Flow
$2,712 income − $3,662 expenses = $950 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,867
Downpayment
20%
$86,540
Closing costs
1%
$4,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,712
Total Expenses
$3,662
Mortgage P&I
88%
$2,379
Property Taxes
15%
$414
Home Insurance
6%
$163
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0