This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $79,779 initial cash invested.
-18.61%
Cash On Cash
2.94%
Cap Rate
0.45
DSCR
$1,963
Rent
-$1,237
Cashflow
Cash Flow
$1,963 income − $3,200 expenses = $1,237 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,963
Total Expenses
$3,200
Mortgage P&I
105%
$2,069
Property Taxes
25%
$488
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0