This property looks like a bad Long-Term investment with a projected -17.09% first-year return on $84,105 initial cash invested.
-17.09%
Cash On Cash
3.43%
Cap Rate
0.51
DSCR
$1,829
Rent
-$1,198
Cashflow
Cash Flow
$1,829 income − $3,027 expenses = $1,198 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,105
Downpayment
20%
$80,100
Closing costs
1%
$4,005
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,829
Total Expenses
$3,027
Mortgage P&I
123%
$2,252
Property Taxes
9%
$156
Home Insurance
8%
$144
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0