This property looks like a bad Long-Term investment with a projected -14.84% first-year return on $82,614 initial cash invested.
-14.84%
Cash On Cash
3.16%
Cap Rate
0.53
DSCR
$1,757
Rent
-$1,022
Cashflow
Cash Flow
$1,757 income − $2,779 expenses = $1,022 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,614
Downpayment
20%
$78,680
Closing costs
1%
$3,934
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,757
Total Expenses
$2,779
Mortgage P&I
112%
$1,970
Property Taxes
12%
$212
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0