This property looks like a bad Long-Term investment with a projected -10.16% first-year return on $86,016 initial cash invested.
-10.16%
Cash On Cash
4.98%
Cap Rate
0.75
DSCR
$2,978
Rent
-$728
Cashflow
Cash Flow
$2,978 income − $3,706 expenses = $728 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,978
Total Expenses
$3,706
Mortgage P&I
77%
$2,280
Property Taxes
15%
$435
Home Insurance
5%
$145
HOA
2%
$71
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0