This property looks like a bad Long-Term investment with a projected -17.32% first-year return on $86,142 initial cash invested.
-17.32%
Cash On Cash
3.12%
Cap Rate
0.48
DSCR
$1,900
Rent
-$1,243
Cashflow
Cash Flow
$1,900 income − $3,143 expenses = $1,243 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,142
Downpayment
20%
$82,040
Closing costs
1%
$4,102
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,900
Total Expenses
$3,143
Mortgage P&I
116%
$2,213
Property Taxes
10%
$182
Home Insurance
13%
$254
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0