This property looks like a bad Long-Term investment with a projected -12.71% first-year return on $91,610 initial cash invested.
-12.71%
Cash On Cash
4.27%
Cap Rate
0.65
DSCR
$2,371
Rent
-$970
Cashflow
Cash Flow
$2,371 income − $3,341 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,610
Downpayment
20%
$87,248
Closing costs
1%
$4,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,371
Total Expenses
$3,341
Mortgage P&I
101%
$2,404
Property Taxes
7%
$167
Home Insurance
6%
$153
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0