This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $81,312 initial cash invested.
-9.34%
Cash On Cash
5.01%
Cap Rate
0.77
DSCR
$2,892
Rent
-$633
Cashflow
Cash Flow
$2,892 income − $3,525 expenses = $633 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,892
Total Expenses
$3,525
Mortgage P&I
73%
$2,103
Property Taxes
18%
$531
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0