This property looks like a bad Long-Term investment with a projected -14.62% first-year return on $87,801 initial cash invested.
-14.62%
Cash On Cash
3.98%
Cap Rate
0.59
DSCR
$2,119
Rent
-$1,070
Cashflow
Cash Flow
$2,119 income − $3,189 expenses = $1,070 out of pocket
Investment Breakdown
|
Purchase Price
$418k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,801
Downpayment
20%
$83,620
Closing costs
1%
$4,181
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,119
Total Expenses
$3,189
Mortgage P&I
111%
$2,352
Property Taxes
6%
$120
Home Insurance
7%
$149
HOA
1%
$17
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0