This property looks like a bad Long-Term investment with a projected -16.77% first-year return on $79,779 initial cash invested.
-16.77%
Cash On Cash
3.25%
Cap Rate
0.5
DSCR
$1,909
Rent
-$1,115
Cashflow
Cash Flow
$1,909 income − $3,024 expenses = $1,115 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,909
Total Expenses
$3,024
Mortgage P&I
107%
$2,048
Property Taxes
18%
$347
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$115
Maintenance
5%
$95
Other
0%
$0