This property looks like a bad Long-Term investment with a projected -17.17% first-year return on $86,058 initial cash invested.
-17.17%
Cash On Cash
3.45%
Cap Rate
0.52
DSCR
$2,749
Rent
-$1,231
Cashflow
Cash Flow
$2,749 income − $3,980 expenses = $1,231 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,058
Downpayment
20%
$81,960
Closing costs
1%
$4,098
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,749
Total Expenses
$3,980
Mortgage P&I
83%
$2,271
Property Taxes
29%
$793
Home Insurance
5%
$147
HOA
2%
$55
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0