This property looks like a bad Long-Term investment with a projected -8.64% first-year return on $80,955 initial cash invested.
-8.64%
Cash On Cash
5.1%
Cap Rate
0.79
DSCR
$2,692
Rent
-$583
Cashflow
Cash Flow
$2,692 income − $3,275 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,955
Downpayment
20%
$77,100
Closing costs
1%
$3,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,692
Total Expenses
$3,275
Mortgage P&I
77%
$2,086
Property Taxes
13%
$348
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0