This property looks like a bad Long-Term investment with a projected -23.13% first-year return on $83,328 initial cash invested.
-23.13%
Cash On Cash
1.97%
Cap Rate
0.3
DSCR
$1,767
Rent
-$1,606
Cashflow
Cash Flow
$1,767 income − $3,373 expenses = $1,606 out of pocket
Investment Breakdown
|
Purchase Price
$397k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,328
Downpayment
20%
$79,360
Closing costs
1%
$3,968
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,767
Total Expenses
$3,373
Mortgage P&I
123%
$2,169
Property Taxes
22%
$397
Home Insurance
8%
$142
HOA
12%
$206
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0