This property looks like a bad Long-Term investment with a projected -12.78% first-year return on $80,850 initial cash invested.
-12.78%
Cash On Cash
4.42%
Cap Rate
0.66
DSCR
$2,849
Rent
-$861
Cashflow
Cash Flow
$2,849 income − $3,710 expenses = $861 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,849
Total Expenses
$3,710
Mortgage P&I
75%
$2,136
Property Taxes
16%
$449
Home Insurance
5%
$135
HOA
9%
$250
Property Management
10%
$285
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0