This property looks like a bad Long-Term investment with a projected -11.71% first-year return on $82,362 initial cash invested.
-11.71%
Cash On Cash
4.67%
Cap Rate
0.7
DSCR
$2,748
Rent
-$804
Cashflow
Cash Flow
$2,748 income − $3,552 expenses = $804 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,362
Downpayment
20%
$78,440
Closing costs
1%
$3,922
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,748
Total Expenses
$3,552
Mortgage P&I
80%
$2,194
Property Taxes
18%
$504
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0