This property looks like a bad Long-Term investment with a projected -14.25% first-year return on $82,950 initial cash invested.
-14.25%
Cash On Cash
3.88%
Cap Rate
0.59
DSCR
$1,914
Rent
-$985
Cashflow
Cash Flow
$1,914 income − $2,899 expenses = $985 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,950
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,914
Total Expenses
$2,899
Mortgage P&I
113%
$2,165
Property Taxes
7%
$134
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0