This property looks like a bad Long-Term investment with a projected -17.71% first-year return on $87,297 initial cash invested.
-17.71%
Cash On Cash
3.01%
Cap Rate
0.47
DSCR
$1,794
Rent
-$1,288
Cashflow
Cash Flow
$1,794 income − $3,082 expenses = $1,288 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,297
Downpayment
20%
$83,140
Closing costs
1%
$4,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,794
Total Expenses
$3,082
Mortgage P&I
125%
$2,241
Property Taxes
13%
$227
Home Insurance
8%
$147
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0