This property looks like a bad Long-Term investment with a projected -18.77% first-year return on $81,018 initial cash invested.
-18.77%
Cash On Cash
2.49%
Cap Rate
0.4
DSCR
$1,460
Rent
-$1,267
Cashflow
Cash Flow
$1,460 income − $2,727 expenses = $1,267 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,018
Downpayment
20%
$77,160
Closing costs
1%
$3,858
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,460
Total Expenses
$2,727
Mortgage P&I
137%
$1,993
Property Taxes
12%
$179
Home Insurance
12%
$175
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0