This property looks like a bad Long-Term investment with a projected -10.37% first-year return on $80,850 initial cash invested.
-10.37%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$2,534
Rent
-$699
Cashflow
Cash Flow
$2,534 income − $3,233 expenses = $699 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,534
Total Expenses
$3,233
Mortgage P&I
83%
$2,101
Property Taxes
13%
$338
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0