This property looks like a bad Long-Term investment with a projected -19.08% first-year return on $83,895 initial cash invested.
-19.08%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,813
Rent
-$1,334
Cashflow
Cash Flow
$1,813 income − $3,147 expenses = $1,334 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,895
Downpayment
20%
$79,900
Closing costs
1%
$3,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,813
Total Expenses
$3,147
Mortgage P&I
123%
$2,224
Property Taxes
17%
$311
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0