This property looks like a bad Long-Term investment with a projected -10.29% first-year return on $81,837 initial cash invested.
-10.29%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$2,387
Rent
-$702
Cashflow
Cash Flow
$2,387 income − $3,089 expenses = $702 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,837
Downpayment
20%
$77,940
Closing costs
1%
$3,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,387
Total Expenses
$3,089
Mortgage P&I
90%
$2,160
Property Taxes
6%
$155
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0