This property looks like a bad Long-Term investment with a projected -17.86% first-year return on $82,782 initial cash invested.
-17.86%
Cash On Cash
2.63%
Cap Rate
0.43
DSCR
$1,687
Rent
-$1,232
Cashflow
Cash Flow
$1,687 income − $2,919 expenses = $1,232 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,782
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,687
Total Expenses
$2,919
Mortgage P&I
119%
$2,011
Property Taxes
20%
$334
Home Insurance
8%
$136
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0