This property looks like a bad Long-Term investment with a projected -18.34% first-year return on $88,074 initial cash invested.
-18.34%
Cash On Cash
2.99%
Cap Rate
0.45
DSCR
$1,747
Rent
-$1,346
Cashflow
Cash Flow
$1,747 income − $3,093 expenses = $1,346 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,747
Total Expenses
$3,093
Mortgage P&I
132%
$2,303
Property Taxes
9%
$162
Home Insurance
10%
$174
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0