This property looks like a bad Long-Term investment with a projected -15.89% first-year return on $81,186 initial cash invested.
-15.89%
Cash On Cash
3.64%
Cap Rate
0.55
DSCR
$2,351
Rent
-$1,075
Cashflow
Cash Flow
$2,351 income − $3,426 expenses = $1,075 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,351
Total Expenses
$3,426
Mortgage P&I
91%
$2,131
Property Taxes
23%
$543
Home Insurance
6%
$136
HOA
0%
$4
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0