This property looks like a bad Long-Term investment with a projected -17.79% first-year return on $84,567 initial cash invested.
-17.79%
Cash On Cash
3.12%
Cap Rate
0.48
DSCR
$1,934
Rent
-$1,254
Cashflow
Cash Flow
$1,934 income − $3,188 expenses = $1,254 out of pocket
Investment Breakdown
|
Purchase Price
$403k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,567
Downpayment
20%
$80,540
Closing costs
1%
$4,027
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,934
Total Expenses
$3,188
Mortgage P&I
114%
$2,205
Property Taxes
17%
$333
Home Insurance
8%
$147
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0