This property looks like a bad Long-Term investment with a projected -10.28% first-year return on $87,549 initial cash invested.
-10.28%
Cash On Cash
4.92%
Cap Rate
0.74
DSCR
$2,778
Rent
-$750
Cashflow
Cash Flow
$2,778 income − $3,528 expenses = $750 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,549
Downpayment
20%
$83,380
Closing costs
1%
$4,169
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,778
Total Expenses
$3,528
Mortgage P&I
84%
$2,321
Property Taxes
12%
$337
Home Insurance
5%
$147
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0