This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $90,951 initial cash invested.
-15.99%
Cash On Cash
3.08%
Cap Rate
0.5
DSCR
$1,831
Rent
-$1,212
Cashflow
Cash Flow
$1,831 income − $3,043 expenses = $1,212 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,951
Downpayment
20%
$86,620
Closing costs
1%
$4,331
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,831
Total Expenses
$3,043
Mortgage P&I
122%
$2,230
Property Taxes
8%
$152
Home Insurance
10%
$184
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0