This property looks like a bad Long-Term investment with a projected -20.33% first-year return on $86,163 initial cash invested.
-20.33%
Cash On Cash
2.47%
Cap Rate
0.38
DSCR
$1,875
Rent
-$1,460
Cashflow
Cash Flow
$1,875 income − $3,335 expenses = $1,460 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,163
Downpayment
20%
$82,060
Closing costs
1%
$4,103
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,875
Total Expenses
$3,335
Mortgage P&I
118%
$2,210
Property Taxes
26%
$488
Home Insurance
8%
$149
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0