This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $87,927 initial cash invested.
-10.86%
Cash On Cash
4.52%
Cap Rate
0.7
DSCR
$2,482
Rent
-$796
Cashflow
Cash Flow
$2,482 income − $3,278 expenses = $796 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,927
Downpayment
20%
$83,740
Closing costs
1%
$4,187
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,482
Total Expenses
$3,278
Mortgage P&I
91%
$2,250
Property Taxes
9%
$234
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0