This property looks like a bad Long-Term investment with a projected -3.43% first-year return on $86,457 initial cash invested.
-3.43%
Cash On Cash
6.37%
Cap Rate
0.99
DSCR
$4,367
Rent
-$247
Cashflow
Cash Flow
$4,367 income − $4,614 expenses = $247 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,457
Downpayment
20%
$82,340
Closing costs
1%
$4,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,367
Total Expenses
$4,614
Mortgage P&I
51%
$2,215
Property Taxes
10%
$439
Home Insurance
4%
$157
HOA
15%
$668
Property Management
10%
$437
CapEx
5%
$218
Vacancy
6%
$262
Maintenance
5%
$218
Other
0%
$0