This property looks like a bad Long-Term investment with a projected -15.91% first-year return on $80,493 initial cash invested.
-15.91%
Cash On Cash
3.53%
Cap Rate
0.54
DSCR
$1,901
Rent
-$1,067
Cashflow
Cash Flow
$1,901 income − $2,968 expenses = $1,067 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,493
Downpayment
20%
$76,660
Closing costs
1%
$3,833
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,901
Total Expenses
$2,968
Mortgage P&I
111%
$2,101
Property Taxes
9%
$171
Home Insurance
7%
$136
HOA
3%
$66
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0