This property looks like a bad Long-Term investment with a projected -21.47% first-year return on $82,152 initial cash invested.
-21.47%
Cash On Cash
1.89%
Cap Rate
0.3
DSCR
$1,285
Rent
-$1,470
Cashflow
Cash Flow
$1,285 income − $2,755 expenses = $1,470 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,152
Downpayment
20%
$78,240
Closing costs
1%
$3,912
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,285
Total Expenses
$2,755
Mortgage P&I
157%
$2,021
Property Taxes
21%
$264
Home Insurance
11%
$137
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0