This property looks like a bad Long-Term investment with a projected -7.94% first-year return on $81,795 initial cash invested.
-7.94%
Cash On Cash
5.49%
Cap Rate
0.83
DSCR
$3,306
Rent
-$541
Cashflow
Cash Flow
$3,306 income − $3,847 expenses = $541 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,795
Downpayment
20%
$77,900
Closing costs
1%
$3,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,306
Total Expenses
$3,847
Mortgage P&I
65%
$2,157
Property Taxes
21%
$684
Home Insurance
4%
$147
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0