This property looks like a bad Long-Term investment with a projected -11.13% first-year return on $81,060 initial cash invested.
-11.13%
Cash On Cash
4.65%
Cap Rate
0.71
DSCR
$2,730
Rent
-$752
Cashflow
Cash Flow
$2,730 income − $3,482 expenses = $752 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,730
Total Expenses
$3,482
Mortgage P&I
77%
$2,112
Property Taxes
19%
$512
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$136
Vacancy
6%
$164
Maintenance
5%
$136
Other
0%
$0