This property looks like a bad Long-Term investment with a projected -17.74% first-year return on $86,982 initial cash invested.
-17.74%
Cash On Cash
3.29%
Cap Rate
0.49
DSCR
$2,147
Rent
-$1,286
Cashflow
Cash Flow
$2,147 income − $3,433 expenses = $1,286 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,982
Downpayment
20%
$82,840
Closing costs
1%
$4,142
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,147
Total Expenses
$3,433
Mortgage P&I
108%
$2,314
Property Taxes
18%
$396
Home Insurance
7%
$148
HOA
1%
$17
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0