This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $86,079 initial cash invested.
-9.26%
Cash On Cash
4.92%
Cap Rate
0.77
DSCR
$3,064
Rent
-$664
Cashflow
Cash Flow
$3,064 income − $3,728 expenses = $664 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,064
Total Expenses
$3,728
Mortgage P&I
72%
$2,192
Property Taxes
19%
$596
Home Insurance
5%
$144
HOA
0%
$0
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0