This property looks like a bad Long-Term investment with a projected -15.78% first-year return on $84,966 initial cash invested.
-15.78%
Cash On Cash
3.45%
Cap Rate
0.53
DSCR
$2,111
Rent
-$1,117
Cashflow
Cash Flow
$2,111 income − $3,228 expenses = $1,117 out of pocket
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,966
Downpayment
20%
$80,920
Closing costs
1%
$4,046
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,111
Total Expenses
$3,228
Mortgage P&I
103%
$2,173
Property Taxes
17%
$350
Home Insurance
7%
$145
HOA
0%
$10
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0