This property looks like a bad Long-Term investment with a projected -11.16% first-year return on $83,643 initial cash invested.
-11.16%
Cash On Cash
4.81%
Cap Rate
0.71
DSCR
$2,735
Rent
-$778
Cashflow
Cash Flow
$2,735 income − $3,513 expenses = $778 out of pocket
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,643
Downpayment
20%
$79,660
Closing costs
1%
$3,983
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,735
Total Expenses
$3,513
Mortgage P&I
82%
$2,239
Property Taxes
15%
$422
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0