This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $82,383 initial cash invested.
-15.31%
Cash On Cash
3.73%
Cap Rate
0.56
DSCR
$2,187
Rent
-$1,051
Cashflow
Cash Flow
$2,187 income − $3,238 expenses = $1,051 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,383
Downpayment
20%
$78,460
Closing costs
1%
$3,923
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,187
Total Expenses
$3,238
Mortgage P&I
99%
$2,162
Property Taxes
17%
$368
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0