This property looks like a bad Long-Term investment with a projected -16.53% first-year return on $91,350 initial cash invested.
-16.53%
Cash On Cash
2.95%
Cap Rate
0.48
DSCR
$1,843
Rent
-$1,258
Cashflow
Cash Flow
$1,843 income − $3,101 expenses = $1,258 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,843
Total Expenses
$3,101
Mortgage P&I
121%
$2,234
Property Taxes
13%
$236
Home Insurance
8%
$152
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0