This property looks like a bad Long-Term investment with a projected -16.12% first-year return on $79,653 initial cash invested.
-16.12%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$2,034
Rent
-$1,070
Cashflow
Cash Flow
$2,034 income − $3,104 expenses = $1,070 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,653
Downpayment
20%
$75,860
Closing costs
1%
$3,793
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,034
Total Expenses
$3,104
Mortgage P&I
102%
$2,082
Property Taxes
18%
$357
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0