This property looks like a bad Long-Term investment with a projected -17.3% first-year return on $84,504 initial cash invested.
-17.3%
Cash On Cash
2.74%
Cap Rate
0.45
DSCR
$1,534
Rent
-$1,218
Cashflow
Cash Flow
$1,534 income − $2,752 expenses = $1,218 out of pocket
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,504
Downpayment
20%
$80,480
Closing costs
1%
$4,024
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,534
Total Expenses
$2,752
Mortgage P&I
134%
$2,059
Property Taxes
8%
$128
Home Insurance
11%
$166
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0