This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $79,023 initial cash invested.
-11.89%
Cash On Cash
4.05%
Cap Rate
0.65
DSCR
$1,893
Rent
-$783
Cashflow
Cash Flow
$1,893 income − $2,676 expenses = $783 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,023
Downpayment
20%
$75,260
Closing costs
1%
$3,763
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,893
Total Expenses
$2,676
Mortgage P&I
103%
$1,959
Property Taxes
5%
$86
Home Insurance
7%
$138
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0