This property looks like a bad Long-Term investment with a projected -25.73% first-year return on $80,535 initial cash invested.
-25.73%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$2,137
Rent
-$1,727
Cashflow
Cash Flow
$2,137 income − $3,864 expenses = $1,727 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,535
Downpayment
20%
$76,700
Closing costs
1%
$3,835
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,137
Total Expenses
$3,864
Mortgage P&I
96%
$2,050
Property Taxes
48%
$1,018
Home Insurance
11%
$240
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0