This property looks like a bad Long-Term investment with a projected -19.58% first-year return on $80,052 initial cash invested.
-19.58%
Cash On Cash
2.61%
Cap Rate
0.41
DSCR
$1,971
Rent
-$1,306
Cashflow
Cash Flow
$1,971 income − $3,277 expenses = $1,306 out of pocket
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,052
Downpayment
20%
$76,240
Closing costs
1%
$3,812
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,971
Total Expenses
$3,277
Mortgage P&I
103%
$2,035
Property Taxes
30%
$593
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0