This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $86,226 initial cash invested.
-13.94%
Cash On Cash
3.74%
Cap Rate
0.59
DSCR
$2,166
Rent
-$1,002
Cashflow
Cash Flow
$2,166 income − $3,168 expenses = $1,002 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,226
Downpayment
20%
$82,120
Closing costs
1%
$4,106
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,166
Total Expenses
$3,168
Mortgage P&I
100%
$2,175
Property Taxes
16%
$336
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0