This property looks like a bad Long-Term investment with a projected -19.99% first-year return on $80,871 initial cash invested.
-19.99%
Cash On Cash
2.65%
Cap Rate
0.4
DSCR
$1,742
Rent
-$1,347
Cashflow
Cash Flow
$1,742 income − $3,089 expenses = $1,347 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,871
Downpayment
20%
$77,020
Closing costs
1%
$3,851
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,742
Total Expenses
$3,089
Mortgage P&I
121%
$2,109
Property Taxes
22%
$387
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0