This property looks like a bad Long-Term investment with a projected -21.56% first-year return on $81,312 initial cash invested.
-21.56%
Cash On Cash
2.36%
Cap Rate
0.36
DSCR
$1,682
Rent
-$1,461
Cashflow
Cash Flow
$1,682 income − $3,143 expenses = $1,461 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,682
Total Expenses
$3,143
Mortgage P&I
127%
$2,139
Property Taxes
11%
$185
Home Insurance
8%
$140
HOA
14%
$242
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0