This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $87,318 initial cash invested.
-18.86%
Cash On Cash
2.76%
Cap Rate
0.43
DSCR
$2,147
Rent
-$1,372
Cashflow
Cash Flow
$2,147 income − $3,519 expenses = $1,372 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,318
Downpayment
20%
$83,160
Closing costs
1%
$4,158
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,147
Total Expenses
$3,519
Mortgage P&I
103%
$2,222
Property Taxes
29%
$617
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0