This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $86,142 initial cash invested.
-9.95%
Cash On Cash
4.7%
Cap Rate
0.74
DSCR
$2,966
Rent
-$714
Cashflow
Cash Flow
$2,966 income − $3,680 expenses = $714 out of pocket
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,142
Downpayment
20%
$82,040
Closing costs
1%
$4,102
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,966
Total Expenses
$3,680
Mortgage P&I
73%
$2,172
Property Taxes
11%
$337
Home Insurance
5%
$145
HOA
9%
$255
Property Management
10%
$297
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0