This property looks like a bad Long-Term investment with a projected -20.95% first-year return on $87,486 initial cash invested.
-20.95%
Cash On Cash
2.27%
Cap Rate
0.35
DSCR
$1,574
Rent
-$1,527
Cashflow
Cash Flow
$1,574 income − $3,101 expenses = $1,527 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,486
Downpayment
20%
$83,320
Closing costs
1%
$4,166
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,574
Total Expenses
$3,101
Mortgage P&I
142%
$2,235
Property Taxes
20%
$312
Home Insurance
9%
$145
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0