This property looks like a bad Long-Term investment with a projected -19.76% first-year return on $81,060 initial cash invested.
-19.76%
Cash On Cash
2.78%
Cap Rate
0.42
DSCR
$2,106
Rent
-$1,335
Cashflow
Cash Flow
$2,106 income − $3,441 expenses = $1,335 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,106
Total Expenses
$3,441
Mortgage P&I
101%
$2,125
Property Taxes
29%
$615
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0