This property looks like a bad Long-Term investment with a projected -7.57% first-year return on $86,751 initial cash invested.
-7.57%
Cash On Cash
5.32%
Cap Rate
0.81
DSCR
$2,525
Rent
-$547
Cashflow
Cash Flow
$2,525 income − $3,072 expenses = $547 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,751
Downpayment
20%
$82,620
Closing costs
1%
$4,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,525
Total Expenses
$3,072
Mortgage P&I
89%
$2,251
Property Taxes
1%
$20
Home Insurance
6%
$145
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0