This property looks like a bad Long-Term investment with a projected -16.31% first-year return on $79,779 initial cash invested.
-16.31%
Cash On Cash
3.46%
Cap Rate
0.53
DSCR
$1,968
Rent
-$1,084
Cashflow
Cash Flow
$1,968 income − $3,052 expenses = $1,084 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,968
Total Expenses
$3,052
Mortgage P&I
106%
$2,081
Property Taxes
16%
$323
Home Insurance
7%
$137
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0