This property looks like a bad Long-Term investment with a projected -18.01% first-year return on $82,950 initial cash invested.
-18.01%
Cash On Cash
3.01%
Cap Rate
0.46
DSCR
$1,651
Rent
-$1,245
Cashflow
Cash Flow
$1,651 income − $2,896 expenses = $1,245 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,651
Total Expenses
$2,896
Mortgage P&I
130%
$2,154
Property Taxes
11%
$174
Home Insurance
8%
$138
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0