This property looks like a bad Long-Term investment with a projected -13.99% first-year return on $86,352 initial cash invested.
-13.99%
Cash On Cash
4.12%
Cap Rate
0.61
DSCR
$2,181
Rent
-$1,007
Cashflow
Cash Flow
$2,181 income − $3,188 expenses = $1,007 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,352
Downpayment
20%
$82,240
Closing costs
1%
$4,112
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,181
Total Expenses
$3,188
Mortgage P&I
106%
$2,311
Property Taxes
7%
$162
Home Insurance
7%
$148
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0