This property looks like a bad Long-Term investment with a projected -18.48% first-year return on $80,850 initial cash invested.
-18.48%
Cash On Cash
2.86%
Cap Rate
0.44
DSCR
$1,828
Rent
-$1,245
Cashflow
Cash Flow
$1,828 income − $3,073 expenses = $1,245 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,828
Total Expenses
$3,073
Mortgage P&I
113%
$2,072
Property Taxes
21%
$391
Home Insurance
7%
$135
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0