This property looks like a bad Long-Term investment with a projected -15.81% first-year return on $80,325 initial cash invested.
-15.81%
Cash On Cash
3.68%
Cap Rate
0.55
DSCR
$1,949
Rent
-$1,058
Cashflow
Cash Flow
$1,949 income − $3,007 expenses = $1,058 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,325
Downpayment
20%
$76,500
Closing costs
1%
$3,825
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,949
Total Expenses
$3,007
Mortgage P&I
109%
$2,133
Property Taxes
12%
$233
Home Insurance
7%
$135
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0