This property looks like a bad Long-Term investment with a projected -16.34% first-year return on $80,556 initial cash invested.
-16.34%
Cash On Cash
3.45%
Cap Rate
0.52
DSCR
$1,792
Rent
-$1,097
Cashflow
Cash Flow
$1,792 income − $2,889 expenses = $1,097 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,556
Downpayment
20%
$76,720
Closing costs
1%
$3,836
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,792
Total Expenses
$2,889
Mortgage P&I
118%
$2,109
Property Taxes
10%
$179
Home Insurance
7%
$134
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0