This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $85,155 initial cash invested.
-15.46%
Cash On Cash
3.68%
Cap Rate
0.56
DSCR
$2,156
Rent
-$1,097
Cashflow
Cash Flow
$2,156 income − $3,253 expenses = $1,097 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,155
Downpayment
20%
$81,100
Closing costs
1%
$4,055
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,156
Total Expenses
$3,253
Mortgage P&I
104%
$2,232
Property Taxes
15%
$315
Home Insurance
7%
$145
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0