This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $86,646 initial cash invested.
-9.89%
Cash On Cash
5.08%
Cap Rate
0.76
DSCR
$3,221
Rent
-$714
Cashflow
Cash Flow
$3,221 income − $3,935 expenses = $714 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,646
Downpayment
20%
$82,520
Closing costs
1%
$4,126
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,221
Total Expenses
$3,935
Mortgage P&I
71%
$2,300
Property Taxes
20%
$658
Home Insurance
4%
$140
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0