This property looks like a bad Long-Term investment with a projected -18.3% first-year return on $84,126 initial cash invested.
-18.3%
Cash On Cash
2.98%
Cap Rate
0.45
DSCR
$1,672
Rent
-$1,283
Cashflow
Cash Flow
$1,672 income − $2,955 expenses = $1,283 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,126
Downpayment
20%
$80,120
Closing costs
1%
$4,006
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,672
Total Expenses
$2,955
Mortgage P&I
131%
$2,194
Property Taxes
6%
$104
Home Insurance
9%
$147
HOA
4%
$75
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0