This property looks like a bad Long-Term investment with a projected -21.42% first-year return on $79,779 initial cash invested.
-21.42%
Cash On Cash
2.33%
Cap Rate
0.35
DSCR
$1,444
Rent
-$1,424
Cashflow
Cash Flow
$1,444 income − $2,868 expenses = $1,424 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,444
Total Expenses
$2,868
Mortgage P&I
145%
$2,090
Property Taxes
19%
$270
Home Insurance
9%
$133
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0