This property looks like a bad Long-Term investment with a projected -13.1% first-year return on $82,152 initial cash invested.
-13.1%
Cash On Cash
4.27%
Cap Rate
0.64
DSCR
$2,582
Rent
-$897
Cashflow
Cash Flow
$2,582 income − $3,479 expenses = $897 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,152
Downpayment
20%
$78,240
Closing costs
1%
$3,912
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,582
Total Expenses
$3,479
Mortgage P&I
84%
$2,161
Property Taxes
12%
$300
Home Insurance
5%
$140
HOA
8%
$207
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0