This property looks like a bad Long-Term investment with a projected -15.38% first-year return on $86,982 initial cash invested.
-15.38%
Cash On Cash
3.51%
Cap Rate
0.54
DSCR
$2,022
Rent
-$1,115
Cashflow
Cash Flow
$2,022 income − $3,137 expenses = $1,115 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,982
Downpayment
20%
$82,840
Closing costs
1%
$4,142
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,022
Total Expenses
$3,137
Mortgage P&I
110%
$2,225
Property Taxes
12%
$242
Home Insurance
7%
$145
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0