This property looks like a bad Long-Term investment with a projected -15.72% first-year return on $83,034 initial cash invested.
-15.72%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$1,774
Rent
-$1,088
Cashflow
Cash Flow
$1,774 income − $2,862 expenses = $1,088 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,034
Downpayment
20%
$79,080
Closing costs
1%
$3,954
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,774
Total Expenses
$2,862
Mortgage P&I
122%
$2,158
Property Taxes
6%
$105
Home Insurance
8%
$138
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0