This property looks like a bad Long-Term investment with a projected -15.86% first-year return on $82,950 initial cash invested.
-15.86%
Cash On Cash
3.59%
Cap Rate
0.54
DSCR
$1,947
Rent
-$1,096
Cashflow
Cash Flow
$1,947 income − $3,043 expenses = $1,096 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,947
Total Expenses
$3,043
Mortgage P&I
112%
$2,180
Property Taxes
11%
$219
Home Insurance
7%
$138
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0