This property looks like a bad Long-Term investment with a projected -6.66% first-year return on $80,934 initial cash invested.
-6.66%
Cash On Cash
5.68%
Cap Rate
0.86
DSCR
$2,863
Rent
-$449
Cashflow
Cash Flow
$2,863 income − $3,312 expenses = $449 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,934
Downpayment
20%
$77,080
Closing costs
1%
$3,854
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,863
Total Expenses
$3,312
Mortgage P&I
74%
$2,129
Property Taxes
11%
$303
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0