This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $82,782 initial cash invested.
-10.44%
Cash On Cash
4.51%
Cap Rate
0.72
DSCR
$2,903
Rent
-$720
Cashflow
Cash Flow
$2,903 income − $3,623 expenses = $720 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,782
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,903
Total Expenses
$3,623
Mortgage P&I
71%
$2,058
Property Taxes
23%
$671
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$290
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0