This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $82,362 initial cash invested.
-10.74%
Cash On Cash
4.54%
Cap Rate
0.71
DSCR
$2,717
Rent
-$737
Cashflow
Cash Flow
$2,717 income − $3,454 expenses = $737 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,717
Total Expenses
$3,454
Mortgage P&I
77%
$2,084
Property Taxes
18%
$491
Home Insurance
5%
$139
HOA
1%
$33
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0