This property looks like a bad Long-Term investment with a projected -16.75% first-year return on $79,317 initial cash invested.
-16.75%
Cash On Cash
3.43%
Cap Rate
0.52
DSCR
$1,933
Rent
-$1,107
Cashflow
Cash Flow
$1,933 income − $3,040 expenses = $1,107 out of pocket
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,317
Downpayment
20%
$75,540
Closing costs
1%
$3,777
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,933
Total Expenses
$3,040
Mortgage P&I
108%
$2,091
Property Taxes
15%
$283
Home Insurance
7%
$133
HOA
2%
$30
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0