This property looks like a bad Long-Term investment with a projected -16.42% first-year return on $78,918 initial cash invested.
-16.42%
Cash On Cash
3.35%
Cap Rate
0.51
DSCR
$1,847
Rent
-$1,080
Cashflow
Cash Flow
$1,847 income − $2,927 expenses = $1,080 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,918
Downpayment
20%
$75,160
Closing costs
1%
$3,758
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,847
Total Expenses
$2,927
Mortgage P&I
110%
$2,037
Property Taxes
18%
$336
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0