This property looks like a bad Long-Term investment with a projected -18.92% first-year return on $80,850 initial cash invested.
-18.92%
Cash On Cash
2.92%
Cap Rate
0.44
DSCR
$1,725
Rent
-$1,275
Cashflow
Cash Flow
$1,725 income − $3,000 expenses = $1,275 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,725
Total Expenses
$3,000
Mortgage P&I
123%
$2,127
Property Taxes
17%
$290
Home Insurance
8%
$135
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0