This property looks like a bad Long-Term investment with a projected -17.67% first-year return on $86,100 initial cash invested.
-17.67%
Cash On Cash
2.75%
Cap Rate
0.44
DSCR
$1,574
Rent
-$1,268
Cashflow
Cash Flow
$1,574 income − $2,842 expenses = $1,268 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,574
Total Expenses
$2,842
Mortgage P&I
135%
$2,130
Property Taxes
10%
$159
Home Insurance
9%
$144
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0