This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $83,118 initial cash invested.
-11.82%
Cash On Cash
4.59%
Cap Rate
0.69
DSCR
$2,560
Rent
-$819
Cashflow
Cash Flow
$2,560 income − $3,379 expenses = $819 out of pocket
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,118
Downpayment
20%
$79,160
Closing costs
1%
$3,958
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,560
Total Expenses
$3,379
Mortgage P&I
86%
$2,206
Property Taxes
14%
$367
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0