This property looks like a bad Long-Term investment with a projected -8.14% first-year return on $80,619 initial cash invested.
-8.14%
Cash On Cash
5.2%
Cap Rate
0.8
DSCR
$2,688
Rent
-$547
Cashflow
Cash Flow
$2,688 income − $3,235 expenses = $547 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,619
Downpayment
20%
$76,780
Closing costs
1%
$3,839
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,688
Total Expenses
$3,235
Mortgage P&I
77%
$2,077
Property Taxes
12%
$325
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0