This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $87,276 initial cash invested.
-14.66%
Cash On Cash
3.81%
Cap Rate
0.58
DSCR
$2,150
Rent
-$1,066
Cashflow
Cash Flow
$2,150 income − $3,216 expenses = $1,066 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,276
Downpayment
20%
$83,120
Closing costs
1%
$4,156
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,150
Total Expenses
$3,216
Mortgage P&I
106%
$2,276
Property Taxes
10%
$222
Home Insurance
7%
$158
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0