This property looks like a bad Long-Term investment with a projected -14.55% first-year return on $86,856 initial cash invested.
-14.55%
Cash On Cash
3.88%
Cap Rate
0.59
DSCR
$2,092
Rent
-$1,053
Cashflow
Cash Flow
$2,092 income − $3,145 expenses = $1,053 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,856
Downpayment
20%
$82,720
Closing costs
1%
$4,136
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,092
Total Expenses
$3,145
Mortgage P&I
109%
$2,285
Property Taxes
6%
$115
Home Insurance
7%
$150
HOA
2%
$50
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0