This property looks like a bad Long-Term investment with a projected -5.82% first-year return on $86,961 initial cash invested.
-5.82%
Cash On Cash
5.81%
Cap Rate
0.88
DSCR
$3,103
Rent
-$422
Cashflow
Cash Flow
$3,103 income − $3,525 expenses = $422 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,961
Downpayment
20%
$82,820
Closing costs
1%
$4,141
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,103
Total Expenses
$3,525
Mortgage P&I
73%
$2,271
Property Taxes
10%
$303
Home Insurance
5%
$145
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0