This property looks like a bad Long-Term investment with a projected -15.09% first-year return on $79,779 initial cash invested.
-15.09%
Cash On Cash
3.82%
Cap Rate
0.58
DSCR
$2,752
Rent
-$1,003
Cashflow
Cash Flow
$2,752 income − $3,755 expenses = $1,003 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,752
Total Expenses
$3,755
Mortgage P&I
75%
$2,073
Property Taxes
29%
$811
Home Insurance
5%
$142
HOA
0%
$13
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0