This property looks like a bad Long-Term investment with a projected -16.42% first-year return on $87,276 initial cash invested.
-16.42%
Cash On Cash
2.88%
Cap Rate
0.47
DSCR
$1,763
Rent
-$1,194
Cashflow
Cash Flow
$1,763 income − $2,957 expenses = $1,194 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,276
Downpayment
20%
$83,120
Closing costs
1%
$4,156
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,763
Total Expenses
$2,957
Mortgage P&I
119%
$2,105
Property Taxes
14%
$244
Home Insurance
9%
$150
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0