This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $86,247 initial cash invested.
-8.53%
Cash On Cash
4.94%
Cap Rate
0.78
DSCR
$2,684
Rent
-$613
Cashflow
Cash Flow
$2,684 income − $3,297 expenses = $613 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,247
Downpayment
20%
$82,140
Closing costs
1%
$4,107
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,684
Total Expenses
$3,297
Mortgage P&I
81%
$2,170
Property Taxes
10%
$272
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0