This property looks like a bad Long-Term investment with a projected -17.88% first-year return on $85,428 initial cash invested.
-17.88%
Cash On Cash
3.1%
Cap Rate
0.47
DSCR
$2,058
Rent
-$1,273
Cashflow
Cash Flow
$2,058 income − $3,331 expenses = $1,273 out of pocket
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,428
Downpayment
20%
$81,360
Closing costs
1%
$4,068
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$3,331
Mortgage P&I
108%
$2,220
Property Taxes
20%
$408
Home Insurance
7%
$149
HOA
1%
$19
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0