This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $79,779 initial cash invested.
-13.06%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$2,315
Rent
-$868
Cashflow
Cash Flow
$2,315 income − $3,183 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,315
Total Expenses
$3,183
Mortgage P&I
92%
$2,123
Property Taxes
13%
$307
Home Insurance
6%
$133
HOA
1%
$17
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0