This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $86,562 initial cash invested.
-13.29%
Cash On Cash
4.1%
Cap Rate
0.63
DSCR
$2,320
Rent
-$959
Cashflow
Cash Flow
$2,320 income − $3,279 expenses = $959 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,562
Downpayment
20%
$82,440
Closing costs
1%
$4,122
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,320
Total Expenses
$3,279
Mortgage P&I
97%
$2,252
Property Taxes
11%
$262
Home Insurance
6%
$144
HOA
1%
$18
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0