This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $86,751 initial cash invested.
-14.83%
Cash On Cash
3.85%
Cap Rate
0.58
DSCR
$2,221
Rent
-$1,072
Cashflow
Cash Flow
$2,221 income − $3,293 expenses = $1,072 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,751
Downpayment
20%
$82,620
Closing costs
1%
$4,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,221
Total Expenses
$3,293
Mortgage P&I
103%
$2,287
Property Taxes
10%
$218
Home Insurance
7%
$147
HOA
3%
$64
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0