This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $83,790 initial cash invested.
-13.29%
Cash On Cash
4.14%
Cap Rate
0.63
DSCR
$2,077
Rent
-$928
Cashflow
Cash Flow
$2,077 income − $3,005 expenses = $928 out of pocket
Investment Breakdown
|
Purchase Price
$399k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,790
Downpayment
20%
$79,800
Closing costs
1%
$3,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,077
Total Expenses
$3,005
Mortgage P&I
106%
$2,201
Property Taxes
6%
$123
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0