This property looks like a bad Long-Term investment with a projected -15.1% first-year return on $86,688 initial cash invested.
-15.1%
Cash On Cash
3.86%
Cap Rate
0.57
DSCR
$2,206
Rent
-$1,091
Cashflow
Cash Flow
$2,206 income − $3,297 expenses = $1,091 out of pocket
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,688
Downpayment
20%
$82,560
Closing costs
1%
$4,128
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,206
Total Expenses
$3,297
Mortgage P&I
105%
$2,308
Property Taxes
12%
$269
Home Insurance
7%
$147
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0