This property looks like a bad Long-Term investment with a projected -18.29% first-year return on $80,115 initial cash invested.
-18.29%
Cash On Cash
2.67%
Cap Rate
0.43
DSCR
$2,029
Rent
-$1,221
Cashflow
Cash Flow
$2,029 income − $3,250 expenses = $1,221 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,115
Downpayment
20%
$76,300
Closing costs
1%
$3,815
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,029
Total Expenses
$3,250
Mortgage P&I
97%
$1,968
Property Taxes
30%
$615
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0