This property looks like a bad Long-Term investment with a projected -15.64% first-year return on $90,321 initial cash invested.
-15.64%
Cash On Cash
3.01%
Cap Rate
0.5
DSCR
$1,872
Rent
-$1,177
Cashflow
Cash Flow
$1,872 income − $3,049 expenses = $1,177 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,321
Downpayment
20%
$86,020
Closing costs
1%
$4,301
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,872
Total Expenses
$3,049
Mortgage P&I
115%
$2,161
Property Taxes
13%
$247
Home Insurance
8%
$154
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0