This property looks like a bad Long-Term investment with a projected -15.01% first-year return on $81,060 initial cash invested.
-15.01%
Cash On Cash
3.53%
Cap Rate
0.55
DSCR
$1,756
Rent
-$1,014
Cashflow
Cash Flow
$1,756 income − $2,770 expenses = $1,014 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,060
Downpayment
20%
$77,200
Closing costs
1%
$3,860
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,756
Total Expenses
$2,770
Mortgage P&I
117%
$2,061
Property Taxes
7%
$117
Home Insurance
8%
$135
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0