This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $81,165 initial cash invested.
-8.5%
Cash On Cash
5.08%
Cap Rate
0.78
DSCR
$2,319
Rent
-$575
Cashflow
Cash Flow
$2,319 income − $2,894 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,165
Downpayment
20%
$77,300
Closing costs
1%
$3,865
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,319
Total Expenses
$2,894
Mortgage P&I
90%
$2,094
Property Taxes
2%
$50
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0