This property looks like a bad Long-Term investment with a projected -14.87% first-year return on $86,520 initial cash invested.
-14.87%
Cash On Cash
3.36%
Cap Rate
0.55
DSCR
$2,738
Rent
-$1,072
Cashflow
Cash Flow
$2,738 income − $3,810 expenses = $1,072 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,520
Downpayment
20%
$82,400
Closing costs
1%
$4,120
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,738
Total Expenses
$3,810
Mortgage P&I
76%
$2,087
Property Taxes
31%
$862
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0