This property looks like a bad Long-Term investment with a projected -23.77% first-year return on $87,150 initial cash invested.
-23.77%
Cash On Cash
1.84%
Cap Rate
0.28
DSCR
$1,539
Rent
-$1,726
Cashflow
Cash Flow
$1,539 income − $3,265 expenses = $1,726 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,150
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,539
Total Expenses
$3,265
Mortgage P&I
149%
$2,286
Property Taxes
27%
$415
Home Insurance
9%
$145
HOA
1%
$19
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0