This property looks like a bad Long-Term investment with a projected -19.28% first-year return on $86,100 initial cash invested.
-19.28%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$1,857
Rent
-$1,383
Cashflow
Cash Flow
$1,857 income − $3,240 expenses = $1,383 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,100
Downpayment
20%
$82,000
Closing costs
1%
$4,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,857
Total Expenses
$3,240
Mortgage P&I
120%
$2,234
Property Taxes
20%
$379
Home Insurance
8%
$144
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0