This property looks like a bad Long-Term investment with a projected -7.65% first-year return on $87,486 initial cash invested.
-7.65%
Cash On Cash
5.47%
Cap Rate
0.83
DSCR
$3,278
Rent
-$558
Cashflow
Cash Flow
$3,278 income − $3,836 expenses = $558 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,486
Downpayment
20%
$83,320
Closing costs
1%
$4,166
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,278
Total Expenses
$3,836
Mortgage P&I
70%
$2,294
Property Taxes
9%
$300
Home Insurance
5%
$149
HOA
7%
$240
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0