This property looks like a bad Long-Term investment with a projected -15.07% first-year return on $86,415 initial cash invested.
-15.07%
Cash On Cash
3.62%
Cap Rate
0.56
DSCR
$2,154
Rent
-$1,085
Cashflow
Cash Flow
$2,154 income − $3,239 expenses = $1,085 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,415
Downpayment
20%
$82,300
Closing costs
1%
$4,115
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,154
Total Expenses
$3,239
Mortgage P&I
103%
$2,218
Property Taxes
15%
$318
Home Insurance
7%
$143
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0