This property looks like a bad Long-Term investment with a projected -23.22% first-year return on $79,779 initial cash invested.
-23.22%
Cash On Cash
2.03%
Cap Rate
0.3
DSCR
$1,230
Rent
-$1,544
Cashflow
Cash Flow
$1,230 income − $2,774 expenses = $1,544 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,230
Total Expenses
$2,774
Mortgage P&I
173%
$2,125
Property Taxes
16%
$195
Home Insurance
11%
$133
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0