This property looks like a bad Long-Term investment with a projected -14.47% first-year return on $86,646 initial cash invested.
-14.47%
Cash On Cash
3.64%
Cap Rate
0.58
DSCR
$2,834
Rent
-$1,045
Cashflow
Cash Flow
$2,834 income − $3,879 expenses = $1,045 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,646
Downpayment
20%
$82,520
Closing costs
1%
$4,126
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,834
Total Expenses
$3,879
Mortgage P&I
76%
$2,154
Property Taxes
21%
$591
Home Insurance
5%
$147
HOA
9%
$250
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0