This property looks like a bad Long-Term investment with a projected -13.92% first-year return on $91,434 initial cash invested.
-13.92%
Cash On Cash
3.92%
Cap Rate
0.6
DSCR
$2,354
Rent
-$1,061
Cashflow
Cash Flow
$2,354 income − $3,415 expenses = $1,061 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,434
Downpayment
20%
$87,080
Closing costs
1%
$4,354
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,354
Total Expenses
$3,415
Mortgage P&I
101%
$2,367
Property Taxes
12%
$282
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0