This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $81,123 initial cash invested.
-10.74%
Cash On Cash
4.65%
Cap Rate
0.71
DSCR
$2,529
Rent
-$726
Cashflow
Cash Flow
$2,529 income − $3,255 expenses = $726 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,123
Downpayment
20%
$77,260
Closing costs
1%
$3,863
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,529
Total Expenses
$3,255
Mortgage P&I
83%
$2,098
Property Taxes
14%
$365
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0