This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $86,079 initial cash invested.
-13.49%
Cash On Cash
4.21%
Cap Rate
0.63
DSCR
$2,411
Rent
-$968
Cashflow
Cash Flow
$2,411 income − $3,379 expenses = $968 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,411
Total Expenses
$3,379
Mortgage P&I
95%
$2,286
Property Taxes
12%
$300
Home Insurance
6%
$144
HOA
1%
$21
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0