This property looks like a bad Long-Term investment with a projected -20.73% first-year return on $91,161 initial cash invested.
-20.73%
Cash On Cash
2.55%
Cap Rate
0.38
DSCR
$1,803
Rent
-$1,575
Cashflow
Cash Flow
$1,803 income − $3,378 expenses = $1,575 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,161
Downpayment
20%
$86,820
Closing costs
1%
$4,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,803
Total Expenses
$3,378
Mortgage P&I
133%
$2,406
Property Taxes
18%
$331
Home Insurance
10%
$173
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0