This property looks like a bad Long-Term investment with a projected -8.93% first-year return on $86,100 initial cash invested.
-8.93%
Cash On Cash
5.06%
Cap Rate
0.78
DSCR
$3,096
Rent
-$641
Cashflow
Cash Flow
$3,096 income − $3,737 expenses = $641 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,100
Downpayment
20%
$82,000
Closing costs
1%
$4,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,096
Total Expenses
$3,737
Mortgage P&I
72%
$2,215
Property Taxes
18%
$572
Home Insurance
5%
$144
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0