This property looks like a bad Long-Term investment with a projected -6.66% first-year return on $79,947 initial cash invested.
-6.66%
Cash On Cash
5.27%
Cap Rate
0.85
DSCR
$2,766
Rent
-$444
Cashflow
Cash Flow
$2,766 income − $3,210 expenses = $444 out of pocket
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,947
Downpayment
20%
$76,140
Closing costs
1%
$3,807
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,766
Total Expenses
$3,210
Mortgage P&I
71%
$1,977
Property Taxes
12%
$344
Home Insurance
6%
$170
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0