This property looks like a bad Long-Term investment with a projected -18.81% first-year return on $86,562 initial cash invested.
-18.81%
Cash On Cash
2.82%
Cap Rate
0.43
DSCR
$1,663
Rent
-$1,357
Cashflow
Cash Flow
$1,663 income − $3,020 expenses = $1,357 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,562
Downpayment
20%
$82,440
Closing costs
1%
$4,122
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,663
Total Expenses
$3,020
Mortgage P&I
135%
$2,242
Property Taxes
11%
$188
Home Insurance
10%
$158
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0