This property looks like a bad Long-Term investment with a projected -22.89% first-year return on $86,919 initial cash invested.
-22.89%
Cash On Cash
1.56%
Cap Rate
0.25
DSCR
$1,653
Rent
-$1,658
Cashflow
Cash Flow
$1,653 income − $3,311 expenses = $1,658 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,919
Downpayment
20%
$82,780
Closing costs
1%
$4,139
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,653
Total Expenses
$3,311
Mortgage P&I
128%
$2,113
Property Taxes
40%
$663
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0