This property looks like a bad Long-Term investment with a projected -13.99% first-year return on $79,506 initial cash invested.
-13.99%
Cash On Cash
4.08%
Cap Rate
0.61
DSCR
$2,079
Rent
-$927
Cashflow
Cash Flow
$2,079 income − $3,006 expenses = $927 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,506
Downpayment
20%
$75,720
Closing costs
1%
$3,786
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,079
Total Expenses
$3,006
Mortgage P&I
102%
$2,111
Property Taxes
12%
$249
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0