This property looks like a bad Long-Term investment with a projected -19.99% first-year return on $86,079 initial cash invested.
-19.99%
Cash On Cash
2.82%
Cap Rate
0.42
DSCR
$2,055
Rent
-$1,434
Cashflow
Cash Flow
$2,055 income − $3,489 expenses = $1,434 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,079
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,055
Total Expenses
$3,489
Mortgage P&I
112%
$2,295
Property Taxes
25%
$512
Home Insurance
7%
$147
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0