This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $79,107 initial cash invested.
-9.57%
Cash On Cash
4.43%
Cap Rate
0.73
DSCR
$2,510
Rent
-$631
Cashflow
Cash Flow
$2,510 income − $3,141 expenses = $631 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,107
Downpayment
20%
$75,340
Closing costs
1%
$3,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,510
Total Expenses
$3,141
Mortgage P&I
76%
$1,895
Property Taxes
18%
$456
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0