This property looks like a bad Long-Term investment with a projected -20.76% first-year return on $80,052 initial cash invested.
-20.76%
Cash On Cash
2.63%
Cap Rate
0.39
DSCR
$1,535
Rent
-$1,385
Cashflow
Cash Flow
$1,535 income − $2,920 expenses = $1,385 out of pocket
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,535
Total Expenses
$2,920
Mortgage P&I
140%
$2,145
Property Taxes
13%
$193
Home Insurance
9%
$140
HOA
3%
$42
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0