This property looks like a bad Long-Term investment with a projected -19.68% first-year return on $86,100 initial cash invested.
-19.68%
Cash On Cash
2.8%
Cap Rate
0.42
DSCR
$1,917
Rent
-$1,412
Cashflow
Cash Flow
$1,917 income − $3,329 expenses = $1,412 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,917
Total Expenses
$3,329
Mortgage P&I
119%
$2,274
Property Taxes
21%
$412
Home Insurance
8%
$144
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0