This property looks like a bad Long-Term investment with a projected -14.17% first-year return on $86,541 initial cash invested.
-14.17%
Cash On Cash
3.98%
Cap Rate
0.61
DSCR
$2,592
Rent
-$1,022
Cashflow
Cash Flow
$2,592 income − $3,614 expenses = $1,022 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,541
Downpayment
20%
$82,420
Closing costs
1%
$4,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,592
Total Expenses
$3,614
Mortgage P&I
87%
$2,259
Property Taxes
15%
$387
Home Insurance
6%
$147
HOA
6%
$146
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0