This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $86,079 initial cash invested.
-8.52%
Cash On Cash
4.87%
Cap Rate
0.78
DSCR
$2,875
Rent
-$611
Cashflow
Cash Flow
$2,875 income − $3,486 expenses = $611 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,875
Total Expenses
$3,486
Mortgage P&I
74%
$2,130
Property Taxes
16%
$464
Home Insurance
5%
$144
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$172
Maintenance
5%
$144
Other
0%
$0