This property looks like a bad Long-Term investment with a projected -17.32% first-year return on $81,186 initial cash invested.
-17.32%
Cash On Cash
3.27%
Cap Rate
0.49
DSCR
$1,836
Rent
-$1,172
Cashflow
Cash Flow
$1,836 income − $3,008 expenses = $1,172 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,186
Downpayment
20%
$77,320
Closing costs
1%
$3,866
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,836
Total Expenses
$3,008
Mortgage P&I
116%
$2,134
Property Taxes
13%
$243
Home Insurance
8%
$147
HOA
0%
$6
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0