This property looks like a bad Long-Term investment with a projected -14.69% first-year return on $80,283 initial cash invested.
-14.69%
Cash On Cash
3.41%
Cap Rate
0.56
DSCR
$2,274
Rent
-$983
Cashflow
Cash Flow
$2,274 income − $3,257 expenses = $983 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,283
Downpayment
20%
$76,460
Closing costs
1%
$3,823
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,274
Total Expenses
$3,257
Mortgage P&I
86%
$1,954
Property Taxes
25%
$572
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0