This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $87,570 initial cash invested.
-9.39%
Cash On Cash
4.48%
Cap Rate
0.73
DSCR
$2,349
Rent
-$685
Cashflow
Cash Flow
$2,349 income − $3,034 expenses = $685 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,570
Downpayment
20%
$83,400
Closing costs
1%
$4,170
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,349
Total Expenses
$3,034
Mortgage P&I
90%
$2,125
Property Taxes
6%
$150
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0