This property looks like a bad Long-Term investment with a projected -14.88% first-year return on $80,304 initial cash invested.
-14.88%
Cash On Cash
3.74%
Cap Rate
0.57
DSCR
$2,188
Rent
-$996
Cashflow
Cash Flow
$2,188 income − $3,184 expenses = $996 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,304
Downpayment
20%
$76,480
Closing costs
1%
$3,824
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,188
Total Expenses
$3,184
Mortgage P&I
95%
$2,080
Property Taxes
12%
$266
Home Insurance
7%
$145
HOA
6%
$125
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0