This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $90,699 initial cash invested.
-13.52%
Cash On Cash
4.16%
Cap Rate
0.62
DSCR
$2,459
Rent
-$1,022
Cashflow
Cash Flow
$2,459 income − $3,481 expenses = $1,022 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,699
Downpayment
20%
$86,380
Closing costs
1%
$4,319
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,459
Total Expenses
$3,481
Mortgage P&I
97%
$2,395
Property Taxes
12%
$292
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0