This property looks like a bad Long-Term investment with a projected -2.44% first-year return on $80,157 initial cash invested.
-2.44%
Cash On Cash
6.64%
Cap Rate
1
DSCR
$3,306
Rent
-$163
Cashflow
Cash Flow
$3,306 income − $3,469 expenses = $163 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,306
Total Expenses
$3,469
Mortgage P&I
64%
$2,109
Property Taxes
12%
$387
Home Insurance
3%
$114
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0