This property looks like a bad Long-Term investment with a projected -17.66% first-year return on $86,499 initial cash invested.
-17.66%
Cash On Cash
2.83%
Cap Rate
0.46
DSCR
$2,746
Rent
-$1,273
Cashflow
Cash Flow
$2,746 income − $4,019 expenses = $1,273 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,499
Downpayment
20%
$82,380
Closing costs
1%
$4,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,746
Total Expenses
$4,019
Mortgage P&I
77%
$2,108
Property Taxes
28%
$772
Home Insurance
5%
$145
HOA
10%
$280
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0