This property looks like a bad Long-Term investment with a projected -18.67% first-year return on $86,856 initial cash invested.
-18.67%
Cash On Cash
2.97%
Cap Rate
0.45
DSCR
$1,789
Rent
-$1,351
Cashflow
Cash Flow
$1,789 income − $3,140 expenses = $1,351 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,856
Downpayment
20%
$82,720
Closing costs
1%
$4,136
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,789
Total Expenses
$3,140
Mortgage P&I
128%
$2,285
Property Taxes
14%
$242
Home Insurance
8%
$149
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0