This property looks like a bad Long-Term investment with a projected -22.74% first-year return on $80,220 initial cash invested.
-22.74%
Cash On Cash
2.14%
Cap Rate
0.32
DSCR
$1,321
Rent
-$1,520
Cashflow
Cash Flow
$1,321 income − $2,841 expenses = $1,520 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,220
Downpayment
20%
$76,400
Closing costs
1%
$3,820
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,321
Total Expenses
$2,841
Mortgage P&I
162%
$2,134
Property Taxes
17%
$230
Home Insurance
10%
$134
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0