This property looks like a bad Long-Term investment with a projected -11.49% first-year return on $80,241 initial cash invested.
-11.49%
Cash On Cash
4.67%
Cap Rate
0.7
DSCR
$2,363
Rent
-$768
Cashflow
Cash Flow
$2,363 income − $3,131 expenses = $768 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,241
Downpayment
20%
$76,420
Closing costs
1%
$3,821
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,363
Total Expenses
$3,131
Mortgage P&I
90%
$2,137
Property Taxes
10%
$244
Home Insurance
6%
$136
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0