This property looks like a bad Long-Term investment with a projected -13.77% first-year return on $88,699 initial cash invested.
-13.77%
Cash On Cash
3.93%
Cap Rate
0.61
DSCR
$2,314
Rent
-$1,018
Cashflow
Cash Flow
$2,314 income − $3,332 expenses = $1,018 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,699
Downpayment
20%
$84,475
Closing costs
1%
$4,224
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,314
Total Expenses
$3,332
Mortgage P&I
99%
$2,285
Property Taxes
13%
$297
Home Insurance
6%
$148
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0