This property looks like a bad Long-Term investment with a projected -11.93% first-year return on $81,060 initial cash invested.
-11.93%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$2,380
Rent
-$806
Cashflow
Cash Flow
$2,380 income − $3,186 expenses = $806 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,060
Downpayment
20%
$77,200
Closing costs
1%
$3,860
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,380
Total Expenses
$3,186
Mortgage P&I
90%
$2,130
Property Taxes
13%
$298
Home Insurance
6%
$139
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0