This property looks like a bad Long-Term investment with a projected -19.45% first-year return on $84,231 initial cash invested.
-19.45%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,716
Rent
-$1,365
Cashflow
Cash Flow
$1,716 income − $3,081 expenses = $1,365 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,231
Downpayment
20%
$80,220
Closing costs
1%
$4,011
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$3,081
Mortgage P&I
132%
$2,264
Property Taxes
12%
$207
Home Insurance
9%
$147
HOA
1%
$16
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0