This property looks like a bad Long-Term investment with a projected -20.27% first-year return on $80,745 initial cash invested.
-20.27%
Cash On Cash
2.57%
Cap Rate
0.39
DSCR
$1,861
Rent
-$1,364
Cashflow
Cash Flow
$1,861 income − $3,225 expenses = $1,364 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,745
Downpayment
20%
$76,900
Closing costs
1%
$3,845
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,861
Total Expenses
$3,225
Mortgage P&I
113%
$2,094
Property Taxes
26%
$490
Home Insurance
8%
$140
HOA
1%
$17
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0