This property looks like a bad Long-Term investment with a projected -22.73% first-year return on $81,144 initial cash invested.
-22.73%
Cash On Cash
1.83%
Cap Rate
0.29
DSCR
$1,363
Rent
-$1,537
Cashflow
Cash Flow
$1,363 income − $2,900 expenses = $1,537 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,144
Downpayment
20%
$77,280
Closing costs
1%
$3,864
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,363
Total Expenses
$2,900
Mortgage P&I
151%
$2,059
Property Taxes
24%
$332
Home Insurance
10%
$140
HOA
1%
$15
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0