This property looks like a bad Long-Term investment with a projected -18.63% first-year return on $84,168 initial cash invested.
-18.63%
Cash On Cash
2.93%
Cap Rate
0.44
DSCR
$1,580
Rent
-$1,307
Cashflow
Cash Flow
$1,580 income − $2,887 expenses = $1,307 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,168
Downpayment
20%
$80,160
Closing costs
1%
$4,008
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,580
Total Expenses
$2,887
Mortgage P&I
140%
$2,208
Property Taxes
8%
$126
Home Insurance
9%
$142
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0