This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $87,528 initial cash invested.
-9.3%
Cash On Cash
4.47%
Cap Rate
0.74
DSCR
$2,747
Rent
-$678
Cashflow
Cash Flow
$2,747 income − $3,425 expenses = $678 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,528
Downpayment
20%
$83,360
Closing costs
1%
$4,168
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,747
Total Expenses
$3,425
Mortgage P&I
76%
$2,094
Property Taxes
15%
$420
Home Insurance
5%
$147
HOA
2%
$50
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0