This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $86,457 initial cash invested.
-18.86%
Cash On Cash
2.84%
Cap Rate
0.44
DSCR
$2,451
Rent
-$1,359
Cashflow
Cash Flow
$2,451 income − $3,810 expenses = $1,359 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,457
Downpayment
20%
$82,340
Closing costs
1%
$4,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,451
Total Expenses
$3,810
Mortgage P&I
90%
$2,211
Property Taxes
25%
$611
Home Insurance
6%
$145
HOA
8%
$205
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0