This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $79,590 initial cash invested.
-18.61%
Cash On Cash
2.6%
Cap Rate
0.41
DSCR
$1,457
Rent
-$1,234
Cashflow
Cash Flow
$1,457 income − $2,691 expenses = $1,234 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,457
Total Expenses
$2,691
Mortgage P&I
136%
$1,981
Property Taxes
14%
$198
Home Insurance
9%
$133
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0