This property looks like a bad Long-Term investment with a projected -11.06% first-year return on $87,885 initial cash invested.
-11.06%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$2,686
Rent
-$810
Cashflow
Cash Flow
$2,686 income − $3,496 expenses = $810 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,885
Downpayment
20%
$83,700
Closing costs
1%
$4,185
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,686
Total Expenses
$3,496
Mortgage P&I
86%
$2,312
Property Taxes
13%
$339
Home Insurance
5%
$147
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0