This property looks like a bad Long-Term investment with a projected -14.68% first-year return on $84,273 initial cash invested.
-14.68%
Cash On Cash
3.61%
Cap Rate
0.57
DSCR
$2,052
Rent
-$1,031
Cashflow
Cash Flow
$2,052 income − $3,083 expenses = $1,031 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,273
Downpayment
20%
$80,260
Closing costs
1%
$4,013
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,052
Total Expenses
$3,083
Mortgage P&I
104%
$2,135
Property Taxes
13%
$269
Home Insurance
7%
$145
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0