This property looks like a bad Long-Term investment with a projected -17.03% first-year return on $86,100 initial cash invested.
-17.03%
Cash On Cash
3.27%
Cap Rate
0.5
DSCR
$1,763
Rent
-$1,222
Cashflow
Cash Flow
$1,763 income − $2,985 expenses = $1,222 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,763
Total Expenses
$2,985
Mortgage P&I
128%
$2,251
Property Taxes
7%
$132
Home Insurance
8%
$144
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0