This property looks like a bad Long-Term investment with a projected -19.07% first-year return on $86,205 initial cash invested.
-19.07%
Cash On Cash
2.88%
Cap Rate
0.44
DSCR
$2,009
Rent
-$1,370
Cashflow
Cash Flow
$2,009 income − $3,379 expenses = $1,370 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,205
Downpayment
20%
$82,100
Closing costs
1%
$4,105
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$3,379
Mortgage P&I
112%
$2,255
Property Taxes
23%
$462
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0