This property looks like a bad Long-Term investment with a projected -12.45% first-year return on $86,079 initial cash invested.
-12.45%
Cash On Cash
4.45%
Cap Rate
0.67
DSCR
$2,550
Rent
-$893
Cashflow
Cash Flow
$2,550 income − $3,443 expenses = $893 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,550
Total Expenses
$3,443
Mortgage P&I
90%
$2,284
Property Taxes
14%
$351
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0