This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $86,016 initial cash invested.
-17.29%
Cash On Cash
3.09%
Cap Rate
0.48
DSCR
$1,751
Rent
-$1,239
Cashflow
Cash Flow
$1,751 income − $2,990 expenses = $1,239 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,016
Downpayment
20%
$81,920
Closing costs
1%
$4,096
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,751
Total Expenses
$2,990
Mortgage P&I
126%
$2,207
Property Taxes
10%
$178
Home Insurance
9%
$149
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0