This property looks like a bad Long-Term investment with a projected -15.24% first-year return on $86,247 initial cash invested.
-15.24%
Cash On Cash
3.71%
Cap Rate
0.56
DSCR
$2,041
Rent
-$1,095
Cashflow
Cash Flow
$2,041 income − $3,136 expenses = $1,095 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,247
Downpayment
20%
$82,140
Closing costs
1%
$4,107
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$3,136
Mortgage P&I
111%
$2,263
Property Taxes
10%
$196
Home Insurance
7%
$147
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0