This property looks like a bad Long-Term investment with a projected -12.18% first-year return on $87,087 initial cash invested.
-12.18%
Cash On Cash
4.5%
Cap Rate
0.67
DSCR
$2,416
Rent
-$884
Cashflow
Cash Flow
$2,416 income − $3,300 expenses = $884 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,087
Downpayment
20%
$82,940
Closing costs
1%
$4,147
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,416
Total Expenses
$3,300
Mortgage P&I
96%
$2,318
Property Taxes
6%
$154
Home Insurance
6%
$149
HOA
2%
$50
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0