This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $86,289 initial cash invested.
-7.87%
Cash On Cash
5.26%
Cap Rate
0.81
DSCR
$2,881
Rent
-$566
Cashflow
Cash Flow
$2,881 income − $3,447 expenses = $566 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,289
Downpayment
20%
$82,180
Closing costs
1%
$4,109
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,881
Total Expenses
$3,447
Mortgage P&I
77%
$2,224
Property Taxes
10%
$301
Home Insurance
6%
$173
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0