This property looks like a bad Long-Term investment with a projected -18.02% first-year return on $83,979 initial cash invested.
-18.02%
Cash On Cash
3.29%
Cap Rate
0.49
DSCR
$2,422
Rent
-$1,261
Cashflow
Cash Flow
$2,422 income − $3,683 expenses = $1,261 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,422
Total Expenses
$3,683
Mortgage P&I
92%
$2,236
Property Taxes
28%
$678
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0