This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $80,976 initial cash invested.
-17.77%
Cash On Cash
2.8%
Cap Rate
0.45
DSCR
$1,601
Rent
-$1,199
Cashflow
Cash Flow
$1,601 income − $2,800 expenses = $1,199 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,976
Downpayment
20%
$77,120
Closing costs
1%
$3,856
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,601
Total Expenses
$2,800
Mortgage P&I
126%
$2,018
Property Taxes
14%
$226
Home Insurance
9%
$140
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0