This property looks like a bad Long-Term investment with a projected -15.14% first-year return on $81,144 initial cash invested.
-15.14%
Cash On Cash
3.28%
Cap Rate
0.53
DSCR
$2,044
Rent
-$1,024
Cashflow
Cash Flow
$2,044 income − $3,068 expenses = $1,024 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,144
Downpayment
20%
$77,280
Closing costs
1%
$3,864
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,044
Total Expenses
$3,068
Mortgage P&I
97%
$1,977
Property Taxes
21%
$425
Home Insurance
7%
$135
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0