This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $79,800 initial cash invested.
-12.12%
Cash On Cash
3.82%
Cap Rate
0.63
DSCR
$1,944
Rent
-$806
Cashflow
Cash Flow
$1,944 income − $2,750 expenses = $806 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,800
Downpayment
20%
$76,000
Closing costs
1%
$3,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,944
Total Expenses
$2,750
Mortgage P&I
99%
$1,920
Property Taxes
10%
$192
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0