This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $80,157 initial cash invested.
-12.53%
Cash On Cash
4.54%
Cap Rate
0.67
DSCR
$2,584
Rent
-$837
Cashflow
Cash Flow
$2,584 income − $3,421 expenses = $837 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,584
Total Expenses
$3,421
Mortgage P&I
83%
$2,152
Property Taxes
18%
$462
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0