This property looks like a bad Long-Term investment with a projected -9.59% first-year return on $82,929 initial cash invested.
-9.59%
Cash On Cash
4.97%
Cap Rate
0.76
DSCR
$2,758
Rent
-$663
Cashflow
Cash Flow
$2,758 income − $3,421 expenses = $663 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,929
Downpayment
20%
$78,980
Closing costs
1%
$3,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,758
Total Expenses
$3,421
Mortgage P&I
78%
$2,160
Property Taxes
15%
$404
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0