This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $80,388 initial cash invested.
-9.51%
Cash On Cash
5.06%
Cap Rate
0.76
DSCR
$2,750
Rent
-$637
Cashflow
Cash Flow
$2,750 income − $3,387 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,388
Downpayment
20%
$76,560
Closing costs
1%
$3,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,750
Total Expenses
$3,387
Mortgage P&I
77%
$2,113
Property Taxes
13%
$358
Home Insurance
5%
$150
HOA
2%
$50
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0