This property looks like a bad Long-Term investment with a projected -9.72% first-year return on $79,170 initial cash invested.
-9.72%
Cash On Cash
4.53%
Cap Rate
0.74
DSCR
$2,779
Rent
-$641
Cashflow
Cash Flow
$2,779 income − $3,420 expenses = $641 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,170
Downpayment
20%
$75,400
Closing costs
1%
$3,770
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,779
Total Expenses
$3,420
Mortgage P&I
69%
$1,924
Property Taxes
23%
$641
Home Insurance
5%
$132
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0