This property looks like a bad Long-Term investment with a projected -18.81% first-year return on $81,165 initial cash invested.
-18.81%
Cash On Cash
2.76%
Cap Rate
0.43
DSCR
$1,732
Rent
-$1,272
Cashflow
Cash Flow
$1,732 income − $3,004 expenses = $1,272 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,165
Downpayment
20%
$77,300
Closing costs
1%
$3,865
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,732
Total Expenses
$3,004
Mortgage P&I
120%
$2,073
Property Taxes
20%
$344
Home Insurance
8%
$136
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0