This property looks like a bad Long-Term investment with a projected -14.27% first-year return on $80,136 initial cash invested.
-14.27%
Cash On Cash
3.93%
Cap Rate
0.6
DSCR
$2,231
Rent
-$953
Cashflow
Cash Flow
$2,231 income − $3,184 expenses = $953 out of pocket
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,136
Downpayment
20%
$76,320
Closing costs
1%
$3,816
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,231
Total Expenses
$3,184
Mortgage P&I
94%
$2,092
Property Taxes
17%
$376
Home Insurance
6%
$135
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0