This property looks like a bad Long-Term investment with a projected -15.23% first-year return on $85,869 initial cash invested.
-15.23%
Cash On Cash
3.9%
Cap Rate
0.58
DSCR
$2,786
Rent
-$1,090
Cashflow
Cash Flow
$2,786 income − $3,876 expenses = $1,090 out of pocket
Investment Breakdown
|
Purchase Price
$409k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,869
Downpayment
20%
$81,780
Closing costs
1%
$4,089
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,786
Total Expenses
$3,876
Mortgage P&I
82%
$2,279
Property Taxes
26%
$738
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0