This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $86,079 initial cash invested.
-12.07%
Cash On Cash
4.38%
Cap Rate
0.67
DSCR
$2,697
Rent
-$866
Cashflow
Cash Flow
$2,697 income − $3,563 expenses = $866 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,079
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,697
Total Expenses
$3,563
Mortgage P&I
83%
$2,227
Property Taxes
18%
$490
Home Insurance
5%
$144
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0