This property looks like a bad Long-Term investment with a projected -12.8% first-year return on $86,184 initial cash invested.
-12.8%
Cash On Cash
4.36%
Cap Rate
0.65
DSCR
$2,516
Rent
-$919
Cashflow
Cash Flow
$2,516 income − $3,435 expenses = $919 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,184
Downpayment
20%
$82,080
Closing costs
1%
$4,104
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,516
Total Expenses
$3,435
Mortgage P&I
91%
$2,285
Property Taxes
14%
$351
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0