This property looks like a bad Long-Term investment with a projected -14.05% first-year return on $86,961 initial cash invested.
-14.05%
Cash On Cash
3.84%
Cap Rate
0.6
DSCR
$2,377
Rent
-$1,018
Cashflow
Cash Flow
$2,377 income − $3,395 expenses = $1,018 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,961
Downpayment
20%
$82,820
Closing costs
1%
$4,141
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,377
Total Expenses
$3,395
Mortgage P&I
94%
$2,225
Property Taxes
17%
$401
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0