This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $86,793 initial cash invested.
-10.62%
Cash On Cash
4.82%
Cap Rate
0.73
DSCR
$3,177
Rent
-$768
Cashflow
Cash Flow
$3,177 income − $3,945 expenses = $768 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,793
Downpayment
20%
$82,660
Closing costs
1%
$4,133
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,177
Total Expenses
$3,945
Mortgage P&I
71%
$2,270
Property Taxes
22%
$699
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0