This property looks like a bad Long-Term investment with a projected -17.52% first-year return on $82,950 initial cash invested.
-17.52%
Cash On Cash
3.27%
Cap Rate
0.49
DSCR
$1,912
Rent
-$1,211
Cashflow
Cash Flow
$1,912 income − $3,123 expenses = $1,211 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,950
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,912
Total Expenses
$3,123
Mortgage P&I
115%
$2,191
Property Taxes
15%
$296
Home Insurance
7%
$138
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0