This property looks like a bad Long-Term investment with a projected -18.5% first-year return on $80,115 initial cash invested.
-18.5%
Cash On Cash
2.76%
Cap Rate
0.43
DSCR
$1,729
Rent
-$1,235
Cashflow
Cash Flow
$1,729 income − $2,964 expenses = $1,235 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,115
Downpayment
20%
$76,300
Closing costs
1%
$3,815
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,729
Total Expenses
$2,964
Mortgage P&I
117%
$2,026
Property Taxes
20%
$349
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0