This property looks like a bad Long-Term investment with a projected -19.03% first-year return on $87,444 initial cash invested.
-19.03%
Cash On Cash
2.67%
Cap Rate
0.42
DSCR
$1,761
Rent
-$1,387
Cashflow
Cash Flow
$1,761 income − $3,148 expenses = $1,387 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,444
Downpayment
20%
$83,280
Closing costs
1%
$4,164
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,761
Total Expenses
$3,148
Mortgage P&I
126%
$2,225
Property Taxes
18%
$315
Home Insurance
9%
$150
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0