This property looks like a bad Long-Term investment with a projected -15.78% first-year return on $87,129 initial cash invested.
-15.78%
Cash On Cash
3.57%
Cap Rate
0.54
DSCR
$2,117
Rent
-$1,146
Cashflow
Cash Flow
$2,117 income − $3,263 expenses = $1,146 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,129
Downpayment
20%
$82,980
Closing costs
1%
$4,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,117
Total Expenses
$3,263
Mortgage P&I
107%
$2,275
Property Taxes
14%
$297
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0