This property looks like a bad Long-Term investment with a projected -16.27% first-year return on $85,827 initial cash invested.
-16.27%
Cash On Cash
3.41%
Cap Rate
0.52
DSCR
$1,827
Rent
-$1,164
Cashflow
Cash Flow
$1,827 income − $2,991 expenses = $1,164 out of pocket
Investment Breakdown
|
Purchase Price
$409k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,827
Downpayment
20%
$81,740
Closing costs
1%
$4,087
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,827
Total Expenses
$2,991
Mortgage P&I
122%
$2,236
Property Taxes
7%
$126
Home Insurance
8%
$154
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0