This property looks like a bad Long-Term investment with a projected -9.21% first-year return on $90,993 initial cash invested.
-9.21%
Cash On Cash
4.84%
Cap Rate
0.76
DSCR
$2,774
Rent
-$698
Cashflow
Cash Flow
$2,774 income − $3,472 expenses = $698 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,993
Downpayment
20%
$86,660
Closing costs
1%
$4,333
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,774
Total Expenses
$3,472
Mortgage P&I
83%
$2,306
Property Taxes
10%
$289
Home Insurance
6%
$156
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0