This property looks like a bad Long-Term investment with a projected -16.73% first-year return on $83,013 initial cash invested.
-16.73%
Cash On Cash
3.32%
Cap Rate
0.51
DSCR
$2,025
Rent
-$1,157
Cashflow
Cash Flow
$2,025 income − $3,182 expenses = $1,157 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,013
Downpayment
20%
$79,060
Closing costs
1%
$3,953
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,025
Total Expenses
$3,182
Mortgage P&I
106%
$2,150
Property Taxes
18%
$366
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0