This property looks like a bad Long-Term investment with a projected -11.67% first-year return on $86,583 initial cash invested.
-11.67%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$2,743
Rent
-$842
Cashflow
Cash Flow
$2,743 income − $3,585 expenses = $842 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,583
Downpayment
20%
$82,460
Closing costs
1%
$4,123
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,743
Total Expenses
$3,585
Mortgage P&I
81%
$2,227
Property Taxes
17%
$470
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0