This property looks like a bad Long-Term investment with a projected -16.09% first-year return on $80,157 initial cash invested.
-16.09%
Cash On Cash
3.1%
Cap Rate
0.5
DSCR
$1,906
Rent
-$1,075
Cashflow
Cash Flow
$1,906 income − $2,981 expenses = $1,075 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,906
Total Expenses
$2,981
Mortgage P&I
103%
$1,966
Property Taxes
20%
$380
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0