This property looks like a bad Long-Term investment with a projected -13.07% first-year return on $84,105 initial cash invested.
-13.07%
Cash On Cash
4.01%
Cap Rate
0.63
DSCR
$2,291
Rent
-$916
Cashflow
Cash Flow
$2,291 income − $3,207 expenses = $916 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,105
Downpayment
20%
$80,100
Closing costs
1%
$4,005
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,291
Total Expenses
$3,207
Mortgage P&I
93%
$2,140
Property Taxes
14%
$331
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$137
Maintenance
5%
$115
Other
0%
$0