This property looks like a bad Long-Term investment with a projected -7.96% first-year return on $86,541 initial cash invested.
-7.96%
Cash On Cash
5.4%
Cap Rate
0.82
DSCR
$3,172
Rent
-$574
Cashflow
Cash Flow
$3,172 income − $3,746 expenses = $574 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,541
Downpayment
20%
$82,420
Closing costs
1%
$4,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,172
Total Expenses
$3,746
Mortgage P&I
72%
$2,271
Property Taxes
11%
$359
Home Insurance
5%
$149
HOA
4%
$142
Property Management
10%
$317
CapEx
5%
$159
Vacancy
6%
$190
Maintenance
5%
$159
Other
0%
$0