This property looks like a bad Long-Term investment with a projected -14.69% first-year return on $83,895 initial cash invested.
-14.69%
Cash On Cash
4.04%
Cap Rate
0.6
DSCR
$2,775
Rent
-$1,027
Cashflow
Cash Flow
$2,775 income − $3,802 expenses = $1,027 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
$2,775
Total Expenses
$3,802
Mortgage P&I
81%
$2,234
Property Taxes
25%
$706
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0