This property looks like a bad Long-Term investment with a projected -5.46% first-year return on $84,189 initial cash invested.
-5.46%
Cash On Cash
5.38%
Cap Rate
0.88
DSCR
$2,856
Rent
-$383
Cashflow
Cash Flow
$2,856 income − $3,239 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,189
Downpayment
20%
$80,180
Closing costs
1%
$4,009
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,856
Total Expenses
$3,239
Mortgage P&I
71%
$2,036
Property Taxes
11%
$301
Home Insurance
6%
$159
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0