This property looks like a bad Long-Term investment with a projected -15.26% first-year return on $80,451 initial cash invested.
-15.26%
Cash On Cash
3.78%
Cap Rate
0.57
DSCR
$1,967
Rent
-$1,023
Cashflow
Cash Flow
$1,967 income − $2,990 expenses = $1,023 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,451
Downpayment
20%
$76,620
Closing costs
1%
$3,831
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,967
Total Expenses
$2,990
Mortgage P&I
108%
$2,131
Property Taxes
11%
$212
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0