This property looks like a bad Long-Term investment with a projected -11.69% first-year return on $86,310 initial cash invested.
-11.69%
Cash On Cash
4.44%
Cap Rate
0.68
DSCR
$2,728
Rent
-$841
Cashflow
Cash Flow
$2,728 income − $3,569 expenses = $841 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,310
Downpayment
20%
$82,200
Closing costs
1%
$4,110
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,728
Total Expenses
$3,569
Mortgage P&I
82%
$2,225
Property Taxes
18%
$497
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0