This property looks like a bad Long-Term investment with a projected -8.09% first-year return on $81,312 initial cash invested.
-8.09%
Cash On Cash
5.41%
Cap Rate
0.81
DSCR
$2,760
Rent
-$548
Cashflow
Cash Flow
$2,760 income − $3,308 expenses = $548 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,760
Total Expenses
$3,308
Mortgage P&I
78%
$2,156
Property Taxes
11%
$294
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0