This property looks like a bad Long-Term investment with a projected -10.23% first-year return on $86,205 initial cash invested.
-10.23%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$2,584
Rent
-$735
Cashflow
Cash Flow
$2,584 income − $3,319 expenses = $735 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,205
Downpayment
20%
$82,100
Closing costs
1%
$4,105
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,584
Total Expenses
$3,319
Mortgage P&I
86%
$2,226
Property Taxes
10%
$255
Home Insurance
6%
$150
HOA
1%
$17
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0