This property looks like a bad Long-Term investment with a projected -27.58% first-year return on $88,494 initial cash invested.
-27.58%
Cash On Cash
1.1%
Cap Rate
0.16
DSCR
$1,278
Rent
-$2,034
Cashflow
Cash Flow
$1,278 income − $3,312 expenses = $2,034 out of pocket
Investment Breakdown
|
Purchase Price
$421k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,494
Downpayment
20%
$84,280
Closing costs
1%
$4,214
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,278
Total Expenses
$3,312
Mortgage P&I
184%
$2,357
Property Taxes
36%
$464
Home Insurance
12%
$158
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0