This property looks like a bad Long-Term investment with a projected -17.45% first-year return on $87,213 initial cash invested.
-17.45%
Cash On Cash
3.57%
Cap Rate
0.52
DSCR
$2,238
Rent
-$1,268
Cashflow
Cash Flow
$2,238 income − $3,506 expenses = $1,268 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,213
Downpayment
20%
$83,060
Closing costs
1%
$4,153
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,238
Total Expenses
$3,506
Mortgage P&I
107%
$2,391
Property Taxes
17%
$383
Home Insurance
7%
$150
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0