This property looks like a bad Long-Term investment with a projected -1.94% first-year return on $87,633 initial cash invested.
-1.94%
Cash On Cash
6.71%
Cap Rate
1
DSCR
$2,955
Rent
-$142
Cashflow
Cash Flow
$2,955 income − $3,097 expenses = $142 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,633
Downpayment
20%
$83,460
Closing costs
1%
$4,173
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,955
Total Expenses
$3,097
Mortgage P&I
79%
$2,327
Property Taxes
0%
$1
Home Insurance
0%
$0
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$177
Maintenance
5%
$148
Other
0%
$0