This property looks like a bad Long-Term investment with a projected -17.16% first-year return on $82,467 initial cash invested.
-17.16%
Cash On Cash
3.23%
Cap Rate
0.5
DSCR
$2,134
Rent
-$1,179
Cashflow
Cash Flow
$2,134 income − $3,313 expenses = $1,179 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,467
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,134
Total Expenses
$3,313
Mortgage P&I
100%
$2,128
Property Taxes
23%
$492
Home Insurance
6%
$138
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0