This property looks like a bad Long-Term investment with a projected -16.43% first-year return on $80,115 initial cash invested.
-16.43%
Cash On Cash
3.38%
Cap Rate
0.51
DSCR
$1,658
Rent
-$1,097
Cashflow
Cash Flow
$1,658 income − $2,755 expenses = $1,097 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,115
Downpayment
20%
$76,300
Closing costs
1%
$3,815
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,658
Total Expenses
$2,755
Mortgage P&I
126%
$2,088
Property Taxes
6%
$100
Home Insurance
8%
$136
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0