This property looks like a bad Long-Term investment with a projected -13.64% first-year return on $90,951 initial cash invested.
-13.64%
Cash On Cash
3.96%
Cap Rate
0.61
DSCR
$2,437
Rent
-$1,034
Cashflow
Cash Flow
$2,437 income − $3,471 expenses = $1,034 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,437
Total Expenses
$3,471
Mortgage P&I
96%
$2,343
Property Taxes
14%
$340
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0