This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $84,126 initial cash invested.
-10.67%
Cash On Cash
4.67%
Cap Rate
0.71
DSCR
$2,432
Rent
-$748
Cashflow
Cash Flow
$2,432 income − $3,180 expenses = $748 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,126
Downpayment
20%
$80,120
Closing costs
1%
$4,006
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,432
Total Expenses
$3,180
Mortgage P&I
90%
$2,186
Property Taxes
6%
$155
Home Insurance
6%
$140
HOA
3%
$66
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0