This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $86,772 initial cash invested.
-9.81%
Cash On Cash
5.08%
Cap Rate
0.76
DSCR
$3,103
Rent
-$709
Cashflow
Cash Flow
$3,103 income − $3,812 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,772
Downpayment
20%
$82,640
Closing costs
1%
$4,132
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,103
Total Expenses
$3,812
Mortgage P&I
74%
$2,303
Property Taxes
18%
$558
Home Insurance
5%
$145
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0