This property looks like a bad Long-Term investment with a projected -10.66% first-year return on $81,144 initial cash invested.
-10.66%
Cash On Cash
4.5%
Cap Rate
0.7
DSCR
$2,195
Rent
-$721
Cashflow
Cash Flow
$2,195 income − $2,916 expenses = $721 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
$2,195
Total Expenses
$2,916
Mortgage P&I
94%
$2,061
Property Taxes
7%
$144
Home Insurance
6%
$139
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0