This property looks like a bad Long-Term investment with a projected -24.94% first-year return on $87,906 initial cash invested.
-24.94%
Cash On Cash
1.65%
Cap Rate
0.25
DSCR
$1,971
Rent
-$1,827
Cashflow
Cash Flow
$1,971 income − $3,798 expenses = $1,827 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,906
Downpayment
20%
$83,720
Closing costs
1%
$4,186
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,971
Total Expenses
$3,798
Mortgage P&I
117%
$2,304
Property Taxes
36%
$712
Home Insurance
8%
$149
HOA
6%
$120
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0