This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $87,129 initial cash invested.
-11.31%
Cash On Cash
4.59%
Cap Rate
0.7
DSCR
$2,777
Rent
-$821
Cashflow
Cash Flow
$2,777 income − $3,598 expenses = $821 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,129
Downpayment
20%
$82,980
Closing costs
1%
$4,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,777
Total Expenses
$3,598
Mortgage P&I
82%
$2,270
Property Taxes
14%
$402
Home Insurance
5%
$145
HOA
2%
$58
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0