This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $79,191 initial cash invested.
-10.79%
Cash On Cash
4.51%
Cap Rate
0.7
DSCR
$2,168
Rent
-$712
Cashflow
Cash Flow
$2,168 income − $2,880 expenses = $712 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,191
Downpayment
20%
$75,420
Closing costs
1%
$3,771
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,168
Total Expenses
$2,880
Mortgage P&I
93%
$2,021
Property Taxes
7%
$147
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0