This property looks like a bad Long-Term investment with a projected -17.46% first-year return on $82,257 initial cash invested.
-17.46%
Cash On Cash
3.13%
Cap Rate
0.48
DSCR
$1,637
Rent
-$1,197
Cashflow
Cash Flow
$1,637 income − $2,834 expenses = $1,197 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,257
Downpayment
20%
$78,340
Closing costs
1%
$3,917
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,637
Total Expenses
$2,834
Mortgage P&I
131%
$2,138
Property Taxes
8%
$126
Home Insurance
9%
$144
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0