This property looks like a bad Long-Term investment with a projected -11.1% first-year return on $80,430 initial cash invested.
-11.1%
Cash On Cash
4.6%
Cap Rate
0.7
DSCR
$2,527
Rent
-$744
Cashflow
Cash Flow
$2,527 income − $3,271 expenses = $744 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,430
Downpayment
20%
$76,600
Closing costs
1%
$3,830
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,527
Total Expenses
$3,271
Mortgage P&I
83%
$2,086
Property Taxes
15%
$390
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0