This property looks like a bad Long-Term investment with a projected -10.11% first-year return on $80,157 initial cash invested.
-10.11%
Cash On Cash
4.86%
Cap Rate
0.74
DSCR
$2,645
Rent
-$675
Cashflow
Cash Flow
$2,645 income − $3,320 expenses = $675 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,157
Downpayment
20%
$76,340
Closing costs
1%
$3,817
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,645
Total Expenses
$3,320
Mortgage P&I
79%
$2,090
Property Taxes
15%
$407
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0