This property looks like a bad Long-Term investment with a projected -16.2% first-year return on $79,779 initial cash invested.
-16.2%
Cash On Cash
3.65%
Cap Rate
0.54
DSCR
$1,836
Rent
-$1,077
Cashflow
Cash Flow
$1,836 income − $2,913 expenses = $1,077 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,836
Total Expenses
$2,913
Mortgage P&I
117%
$2,141
Property Taxes
9%
$161
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0