This property looks like a bad Long-Term investment with a projected -28.71% first-year return on $79,779 initial cash invested.
-28.71%
Cash On Cash
0.25%
Cap Rate
0.04
DSCR
$1,196
Rent
-$1,909
Cashflow
Cash Flow
$1,196 income − $3,105 expenses = $1,909 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,196
Total Expenses
$3,105
Mortgage P&I
161%
$1,927
Property Taxes
61%
$733
Home Insurance
11%
$133
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0