This property looks like a bad Long-Term investment with a projected -16.39% first-year return on $85,428 initial cash invested.
-16.39%
Cash On Cash
3.19%
Cap Rate
0.51
DSCR
$2,688
Rent
-$1,167
Cashflow
Cash Flow
$2,688 income − $3,855 expenses = $1,167 out of pocket
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,428
Downpayment
20%
$81,360
Closing costs
1%
$4,068
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,688
Total Expenses
$3,855
Mortgage P&I
79%
$2,116
Property Taxes
33%
$896
Home Insurance
5%
$145
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0