This property looks like a bad Long-Term investment with a projected -19.1% first-year return on $88,032 initial cash invested.
-19.1%
Cash On Cash
2.93%
Cap Rate
0.44
DSCR
$1,630
Rent
-$1,401
Cashflow
Cash Flow
$1,630 income − $3,031 expenses = $1,401 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,032
Downpayment
20%
$83,840
Closing costs
1%
$4,192
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,630
Total Expenses
$3,031
Mortgage P&I
144%
$2,341
Property Taxes
7%
$116
Home Insurance
9%
$149
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0