This property looks like a bad Long-Term investment with a projected -17.11% first-year return on $86,079 initial cash invested.
-17.11%
Cash On Cash
3.31%
Cap Rate
0.5
DSCR
$2,172
Rent
-$1,227
Cashflow
Cash Flow
$2,172 income − $3,399 expenses = $1,227 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,079
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,172
Total Expenses
$3,399
Mortgage P&I
103%
$2,247
Property Taxes
12%
$260
Home Insurance
7%
$144
HOA
8%
$183
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0