This property looks like a bad Long-Term investment with a projected -16.1% first-year return on $83,202 initial cash invested.
-16.1%
Cash On Cash
3.61%
Cap Rate
0.54
DSCR
$2,217
Rent
-$1,116
Cashflow
Cash Flow
$2,217 income − $3,333 expenses = $1,116 out of pocket
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,202
Downpayment
20%
$79,240
Closing costs
1%
$3,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,217
Total Expenses
$3,333
Mortgage P&I
99%
$2,198
Property Taxes
16%
$346
Home Insurance
6%
$140
HOA
3%
$72
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0