This property looks like a bad Long-Term investment with a projected -14.37% first-year return on $86,457 initial cash invested.
-14.37%
Cash On Cash
3.32%
Cap Rate
0.55
DSCR
$2,095
Rent
-$1,035
Cashflow
Cash Flow
$2,095 income − $3,130 expenses = $1,035 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,457
Downpayment
20%
$82,340
Closing costs
1%
$4,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,095
Total Expenses
$3,130
Mortgage P&I
99%
$2,068
Property Taxes
14%
$296
Home Insurance
11%
$220
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0