This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $81,459 initial cash invested.
-12.89%
Cash On Cash
4.12%
Cap Rate
0.64
DSCR
$2,312
Rent
-$875
Cashflow
Cash Flow
$2,312 income − $3,187 expenses = $875 out of pocket
Investment Breakdown
|
Purchase Price
$388k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,459
Downpayment
20%
$77,580
Closing costs
1%
$3,879
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,312
Total Expenses
$3,187
Mortgage P&I
90%
$2,091
Property Taxes
15%
$358
Home Insurance
6%
$136
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0