This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $79,926 initial cash invested.
-15.54%
Cash On Cash
3.16%
Cap Rate
0.51
DSCR
$1,795
Rent
-$1,035
Cashflow
Cash Flow
$1,795 income − $2,830 expenses = $1,035 out of pocket
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,926
Downpayment
20%
$76,120
Closing costs
1%
$3,806
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,795
Total Expenses
$2,830
Mortgage P&I
109%
$1,948
Property Taxes
16%
$279
Home Insurance
8%
$135
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0