This property looks like a bad Long-Term investment with a projected -11.59% first-year return on $79,842 initial cash invested.
-11.59%
Cash On Cash
4.04%
Cap Rate
0.66
DSCR
$2,205
Rent
-$771
Cashflow
Cash Flow
$2,205 income − $2,976 expenses = $771 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,842
Downpayment
20%
$76,040
Closing costs
1%
$3,802
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,205
Total Expenses
$2,976
Mortgage P&I
88%
$1,942
Property Taxes
14%
$313
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0