This property looks like a bad Long-Term investment with a projected -5.07% first-year return on $81,858 initial cash invested.
-5.07%
Cash On Cash
5.53%
Cap Rate
0.9
DSCR
$3,036
Rent
-$346
Cashflow
Cash Flow
$3,036 income − $3,382 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,858
Downpayment
20%
$77,960
Closing costs
1%
$3,898
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,036
Total Expenses
$3,382
Mortgage P&I
66%
$1,991
Property Taxes
15%
$454
Home Insurance
5%
$147
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0