This property looks like a bad Long-Term investment with a projected -12.55% first-year return on $86,373 initial cash invested.
-12.55%
Cash On Cash
3.9%
Cap Rate
0.63
DSCR
$2,332
Rent
-$903
Cashflow
Cash Flow
$2,332 income − $3,235 expenses = $903 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,373
Downpayment
20%
$82,260
Closing costs
1%
$4,113
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,332
Total Expenses
$3,235
Mortgage P&I
91%
$2,123
Property Taxes
15%
$355
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0