This property looks like a bad Long-Term investment with a projected -16.08% first-year return on $81,732 initial cash invested.
-16.08%
Cash On Cash
3.55%
Cap Rate
0.53
DSCR
$1,778
Rent
-$1,095
Cashflow
Cash Flow
$1,778 income − $2,873 expenses = $1,095 out of pocket
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,732
Downpayment
20%
$77,840
Closing costs
1%
$3,892
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,778
Total Expenses
$2,873
Mortgage P&I
121%
$2,159
Property Taxes
6%
$111
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0