This property looks like a bad Long-Term investment with a projected -24.03% first-year return on $87,150 initial cash invested.
-24.03%
Cash On Cash
1.84%
Cap Rate
0.27
DSCR
$1,321
Rent
-$1,745
Cashflow
Cash Flow
$1,321 income − $3,066 expenses = $1,745 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,150
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,321
Total Expenses
$3,066
Mortgage P&I
175%
$2,314
Property Taxes
20%
$264
Home Insurance
11%
$145
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0