This property looks like a bad Long-Term investment with a projected -2.46% first-year return on $83,076 initial cash invested.
-2.46%
Cash On Cash
6.61%
Cap Rate
1
DSCR
$3,381
Rent
-$170
Cashflow
Cash Flow
$3,381 income − $3,551 expenses = $170 out of pocket
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,076
Downpayment
20%
$79,120
Closing costs
1%
$3,956
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,381
Total Expenses
$3,551
Mortgage P&I
64%
$2,179
Property Taxes
10%
$349
Home Insurance
4%
$144
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0