This property looks like a bad Long-Term investment with a projected -13.56% first-year return on $86,436 initial cash invested.
-13.56%
Cash On Cash
4.2%
Cap Rate
0.63
DSCR
$2,369
Rent
-$977
Cashflow
Cash Flow
$2,369 income − $3,346 expenses = $977 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,436
Downpayment
20%
$82,320
Closing costs
1%
$4,116
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,369
Total Expenses
$3,346
Mortgage P&I
97%
$2,298
Property Taxes
12%
$284
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0