This property looks like a bad Long-Term investment with a projected -15.92% first-year return on $84,861 initial cash invested.
-15.92%
Cash On Cash
3.07%
Cap Rate
0.5
DSCR
$1,852
Rent
-$1,126
Cashflow
Cash Flow
$1,852 income − $2,978 expenses = $1,126 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,861
Downpayment
20%
$80,820
Closing costs
1%
$4,041
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,852
Total Expenses
$2,978
Mortgage P&I
112%
$2,067
Property Taxes
15%
$282
Home Insurance
8%
$147
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0