This property looks like a bad Long-Term investment with a projected -11.04% first-year return on $86,394 initial cash invested.
-11.04%
Cash On Cash
4.71%
Cap Rate
0.71
DSCR
$2,738
Rent
-$795
Cashflow
Cash Flow
$2,738 income − $3,533 expenses = $795 out of pocket
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,394
Downpayment
20%
$82,280
Closing costs
1%
$4,114
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,738
Total Expenses
$3,533
Mortgage P&I
83%
$2,273
Property Taxes
16%
$443
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0