This property looks like a bad Long-Term investment with a projected -25.1% first-year return on $88,074 initial cash invested.
-25.1%
Cash On Cash
1.65%
Cap Rate
0.25
DSCR
$1,412
Rent
-$1,842
Cashflow
Cash Flow
$1,412 income − $3,254 expenses = $1,842 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,074
Downpayment
20%
$83,880
Closing costs
1%
$4,194
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,412
Total Expenses
$3,254
Mortgage P&I
166%
$2,349
Property Taxes
31%
$432
Home Insurance
7%
$105
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0