This property looks like a bad Long-Term investment with a projected -19.32% first-year return on $84,651 initial cash invested.
-19.32%
Cash On Cash
2.46%
Cap Rate
0.4
DSCR
$2,147
Rent
-$1,363
Cashflow
Cash Flow
$2,147 income − $3,510 expenses = $1,363 out of pocket
Investment Breakdown
|
Purchase Price
$403k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,651
Downpayment
20%
$80,620
Closing costs
1%
$4,031
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,147
Total Expenses
$3,510
Mortgage P&I
97%
$2,082
Property Taxes
22%
$471
Home Insurance
7%
$144
HOA
12%
$255
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0