This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $81,354 initial cash invested.
-9.12%
Cash On Cash
5.15%
Cap Rate
0.78
DSCR
$3,251
Rent
-$618
Cashflow
Cash Flow
$3,251 income − $3,869 expenses = $618 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,354
Downpayment
20%
$77,480
Closing costs
1%
$3,874
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,251
Total Expenses
$3,869
Mortgage P&I
65%
$2,116
Property Taxes
6%
$196
Home Insurance
4%
$128
HOA
18%
$583
Property Management
10%
$325
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0