This property looks like a bad Long-Term investment with a projected -20.51% first-year return on $82,782 initial cash invested.
-20.51%
Cash On Cash
2.59%
Cap Rate
0.39
DSCR
$1,871
Rent
-$1,415
Cashflow
Cash Flow
$1,871 income − $3,286 expenses = $1,415 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,871
Total Expenses
$3,286
Mortgage P&I
116%
$2,173
Property Taxes
26%
$486
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0