This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $86,289 initial cash invested.
-12.56%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$2,337
Rent
-$903
Cashflow
Cash Flow
$2,337 income − $3,240 expenses = $903 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,289
Downpayment
20%
$82,180
Closing costs
1%
$4,109
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,337
Total Expenses
$3,240
Mortgage P&I
97%
$2,270
Property Taxes
7%
$172
Home Insurance
8%
$184
HOA
0%
$6
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0