This property looks like a bad Long-Term investment with a projected -19.11% first-year return on $80,766 initial cash invested.
-19.11%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,836
Rent
-$1,286
Cashflow
Cash Flow
$1,836 income − $3,122 expenses = $1,286 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,766
Downpayment
20%
$76,920
Closing costs
1%
$3,846
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,836
Total Expenses
$3,122
Mortgage P&I
117%
$2,140
Property Taxes
20%
$368
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0