This property looks like a bad Long-Term investment with a projected -14.62% first-year return on $85,995 initial cash invested.
-14.62%
Cash On Cash
3.95%
Cap Rate
0.59
DSCR
$2,395
Rent
-$1,048
Cashflow
Cash Flow
$2,395 income − $3,443 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,995
Downpayment
20%
$81,900
Closing costs
1%
$4,095
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,395
Total Expenses
$3,443
Mortgage P&I
95%
$2,275
Property Taxes
17%
$400
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0