This property looks like a bad Long-Term investment with a projected -7.44% first-year return on $80,157 initial cash invested.
-7.44%
Cash On Cash
5.28%
Cap Rate
0.82
DSCR
$2,516
Rent
-$497
Cashflow
Cash Flow
$2,516 income − $3,013 expenses = $497 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,157
Downpayment
20%
$76,340
Closing costs
1%
$3,817
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,516
Total Expenses
$3,013
Mortgage P&I
82%
$2,051
Property Taxes
7%
$182
Home Insurance
5%
$125
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0