This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $80,262 initial cash invested.
-5.74%
Cash On Cash
5.56%
Cap Rate
0.88
DSCR
$2,681
Rent
-$384
Cashflow
Cash Flow
$2,681 income − $3,065 expenses = $384 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,262
Downpayment
20%
$76,440
Closing costs
1%
$3,822
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,681
Total Expenses
$3,065
Mortgage P&I
75%
$2,021
Property Taxes
8%
$209
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0