This property looks like a bad Long-Term investment with a projected -13.83% first-year return on $86,163 initial cash invested.
-13.83%
Cash On Cash
3.9%
Cap Rate
0.61
DSCR
$2,759
Rent
-$993
Cashflow
Cash Flow
$2,759 income − $3,752 expenses = $993 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,163
Downpayment
20%
$82,060
Closing costs
1%
$4,103
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,759
Total Expenses
$3,752
Mortgage P&I
79%
$2,190
Property Taxes
25%
$697
Home Insurance
5%
$147
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0