This property looks like a bad Long-Term investment with a projected -22.11% first-year return on $85,260 initial cash invested.
-22.11%
Cash On Cash
1.68%
Cap Rate
0.27
DSCR
$1,241
Rent
-$1,571
Cashflow
Cash Flow
$1,241 income − $2,812 expenses = $1,571 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,260
Downpayment
20%
$81,200
Closing costs
1%
$4,060
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,241
Total Expenses
$2,812
Mortgage P&I
167%
$2,077
Property Taxes
22%
$271
Home Insurance
11%
$142
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0