This property looks like a bad Long-Term investment with a projected -8.48% first-year return on $80,199 initial cash invested.
-8.48%
Cash On Cash
5.32%
Cap Rate
0.8
DSCR
$3,076
Rent
-$567
Cashflow
Cash Flow
$3,076 income − $3,643 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,199
Downpayment
20%
$76,380
Closing costs
1%
$3,819
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,076
Total Expenses
$3,643
Mortgage P&I
68%
$2,105
Property Taxes
19%
$591
Home Insurance
4%
$138
HOA
0%
$8
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0