This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $86,919 initial cash invested.
-11.28%
Cash On Cash
4.21%
Cap Rate
0.67
DSCR
$2,336
Rent
-$817
Cashflow
Cash Flow
$2,336 income − $3,153 expenses = $817 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,919
Downpayment
20%
$82,780
Closing costs
1%
$4,139
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,336
Total Expenses
$3,153
Mortgage P&I
92%
$2,151
Property Taxes
11%
$249
Home Insurance
6%
$145
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0