This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $82,950 initial cash invested.
-19.65%
Cash On Cash
2.57%
Cap Rate
0.4
DSCR
$1,454
Rent
-$1,358
Cashflow
Cash Flow
$1,454 income − $2,812 expenses = $1,358 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,950
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,454
Total Expenses
$2,812
Mortgage P&I
147%
$2,131
Property Taxes
11%
$165
Home Insurance
9%
$138
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0