This property looks like a bad Long-Term investment with a projected -16.06% first-year return on $81,207 initial cash invested.
-16.06%
Cash On Cash
3.6%
Cap Rate
0.54
DSCR
$1,961
Rent
-$1,087
Cashflow
Cash Flow
$1,961 income − $3,048 expenses = $1,087 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,207
Downpayment
20%
$77,340
Closing costs
1%
$3,867
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,961
Total Expenses
$3,048
Mortgage P&I
110%
$2,150
Property Taxes
13%
$252
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0