This property looks like a bad Long-Term investment with a projected -14.2% first-year return on $82,467 initial cash invested.
-14.2%
Cash On Cash
4.26%
Cap Rate
0.63
DSCR
$3,065
Rent
-$976
Cashflow
Cash Flow
$3,065 income − $4,041 expenses = $976 out of pocket
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,467
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,065
Total Expenses
$4,041
Mortgage P&I
72%
$2,218
Property Taxes
30%
$922
Home Insurance
3%
$105
HOA
0%
$0
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0