This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $80,304 initial cash invested.
-10.36%
Cash On Cash
4.86%
Cap Rate
0.74
DSCR
$2,694
Rent
-$693
Cashflow
Cash Flow
$2,694 income − $3,387 expenses = $693 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,304
Downpayment
20%
$76,480
Closing costs
1%
$3,824
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,694
Total Expenses
$3,387
Mortgage P&I
78%
$2,108
Property Taxes
16%
$442
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0