This property looks like a bad Long-Term investment with a projected -25.92% first-year return on $82,467 initial cash invested.
-25.92%
Cash On Cash
1.37%
Cap Rate
0.21
DSCR
$1,696
Rent
-$1,781
Cashflow
Cash Flow
$1,696 income − $3,477 expenses = $1,781 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,467
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,696
Total Expenses
$3,477
Mortgage P&I
126%
$2,145
Property Taxes
44%
$740
Home Insurance
9%
$150
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0