This property looks like a bad Long-Term investment with a projected -17.31% first-year return on $86,541 initial cash invested.
-17.31%
Cash On Cash
3.47%
Cap Rate
0.52
DSCR
$2,684
Rent
-$1,248
Cashflow
Cash Flow
$2,684 income − $3,932 expenses = $1,248 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,541
Downpayment
20%
$82,420
Closing costs
1%
$4,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,684
Total Expenses
$3,932
Mortgage P&I
86%
$2,305
Property Taxes
27%
$716
Home Insurance
5%
$147
HOA
3%
$67
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0