This property looks like a bad Long-Term investment with a projected -16.61% first-year return on $82,005 initial cash invested.
-16.61%
Cash On Cash
3.47%
Cap Rate
0.52
DSCR
$1,890
Rent
-$1,135
Cashflow
Cash Flow
$1,890 income − $3,025 expenses = $1,135 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,005
Downpayment
20%
$78,100
Closing costs
1%
$3,905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$3,025
Mortgage P&I
115%
$2,171
Property Taxes
12%
$226
Home Insurance
7%
$138
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0