This property looks like a bad Long-Term investment with a projected -17.21% first-year return on $79,758 initial cash invested.
-17.21%
Cash On Cash
3.41%
Cap Rate
0.51
DSCR
$2,153
Rent
-$1,144
Cashflow
Cash Flow
$2,153 income − $3,297 expenses = $1,144 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,758
Downpayment
20%
$75,960
Closing costs
1%
$3,798
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$3,297
Mortgage P&I
98%
$2,115
Property Taxes
23%
$500
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0