This property looks like a bad Long-Term investment with a projected -17.58% first-year return on $86,226 initial cash invested.
-17.58%
Cash On Cash
2.74%
Cap Rate
0.44
DSCR
$1,582
Rent
-$1,263
Cashflow
Cash Flow
$1,582 income − $2,845 expenses = $1,263 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,226
Downpayment
20%
$82,120
Closing costs
1%
$4,106
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,582
Total Expenses
$2,845
Mortgage P&I
134%
$2,120
Property Taxes
10%
$164
Home Insurance
9%
$150
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0