This property looks like a bad Long-Term investment with a projected -7.46% first-year return on $86,394 initial cash invested.
-7.46%
Cash On Cash
5.08%
Cap Rate
0.82
DSCR
$2,866
Rent
-$537
Cashflow
Cash Flow
$2,866 income − $3,403 expenses = $537 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,394
Downpayment
20%
$82,280
Closing costs
1%
$4,114
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,866
Total Expenses
$3,403
Mortgage P&I
75%
$2,137
Property Taxes
13%
$372
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0