This property looks like a bad Long-Term investment with a projected -0.01% first-year return on $83,790 initial cash invested.
-0.01%
Cash On Cash
7.28%
Cap Rate
1.09
DSCR
$4,161
Rent
-$1
Cashflow
Cash Flow
$4,161 income − $4,162 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$399k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,790
Downpayment
20%
$79,800
Closing costs
1%
$3,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,161
Total Expenses
$4,162
Mortgage P&I
53%
$2,213
Property Taxes
17%
$727
Home Insurance
3%
$140
HOA
0%
$0
Property Management
10%
$416
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0