This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $84,168 initial cash invested.
-11.65%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$2,582
Rent
-$817
Cashflow
Cash Flow
$2,582 income − $3,399 expenses = $817 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,168
Downpayment
20%
$80,160
Closing costs
1%
$4,008
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,582
Total Expenses
$3,399
Mortgage P&I
84%
$2,178
Property Taxes
16%
$406
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0