This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $82,614 initial cash invested.
-18.61%
Cash On Cash
2.71%
Cap Rate
0.42
DSCR
$1,524
Rent
-$1,281
Cashflow
Cash Flow
$1,524 income − $2,805 expenses = $1,281 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,614
Downpayment
20%
$78,680
Closing costs
1%
$3,934
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,524
Total Expenses
$2,805
Mortgage P&I
137%
$2,094
Property Taxes
10%
$146
Home Insurance
9%
$140
HOA
2%
$30
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0