This property looks like a bad Long-Term investment with a projected -17.79% first-year return on $82,068 initial cash invested.
-17.79%
Cash On Cash
2.69%
Cap Rate
0.44
DSCR
$1,717
Rent
-$1,217
Cashflow
Cash Flow
$1,717 income − $2,934 expenses = $1,217 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,068
Downpayment
20%
$78,160
Closing costs
1%
$3,908
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,717
Total Expenses
$2,934
Mortgage P&I
117%
$2,006
Property Taxes
20%
$341
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0