This property looks like a bad Long-Term investment with a projected -20.2% first-year return on $80,682 initial cash invested.
-20.2%
Cash On Cash
2.82%
Cap Rate
0.42
DSCR
$2,235
Rent
-$1,358
Cashflow
Cash Flow
$2,235 income − $3,593 expenses = $1,358 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,682
Downpayment
20%
$76,840
Closing costs
1%
$3,842
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,235
Total Expenses
$3,593
Mortgage P&I
96%
$2,149
Property Taxes
32%
$726
Home Insurance
6%
$136
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0