This property looks like a bad Long-Term investment with a projected -18.09% first-year return on $87,150 initial cash invested.
-18.09%
Cash On Cash
3.09%
Cap Rate
0.47
DSCR
$1,868
Rent
-$1,314
Cashflow
Cash Flow
$1,868 income − $3,182 expenses = $1,314 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,150
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,868
Total Expenses
$3,182
Mortgage P&I
123%
$2,290
Property Taxes
14%
$262
Home Insurance
8%
$145
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0