This property looks like a bad Long-Term investment with a projected -14.56% first-year return on $80,451 initial cash invested.
-14.56%
Cash On Cash
3.62%
Cap Rate
0.57
DSCR
$1,760
Rent
-$976
Cashflow
Cash Flow
$1,760 income − $2,736 expenses = $976 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,451
Downpayment
20%
$76,620
Closing costs
1%
$3,831
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,760
Total Expenses
$2,736
Mortgage P&I
116%
$2,044
Property Taxes
6%
$98
Home Insurance
8%
$136
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0