This property looks like a bad Long-Term investment with a projected -15.13% first-year return on $81,669 initial cash invested.
-15.13%
Cash On Cash
3.11%
Cap Rate
0.52
DSCR
$1,803
Rent
-$1,030
Cashflow
Cash Flow
$1,803 income − $2,833 expenses = $1,030 out of pocket
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,669
Downpayment
20%
$77,780
Closing costs
1%
$3,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,803
Total Expenses
$2,833
Mortgage P&I
108%
$1,948
Property Taxes
15%
$279
Home Insurance
8%
$138
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0