This property looks like a bad Long-Term investment with a projected -18.67% first-year return on $78,855 initial cash invested.
-18.67%
Cash On Cash
2.48%
Cap Rate
0.41
DSCR
$1,775
Rent
-$1,227
Cashflow
Cash Flow
$1,775 income − $3,002 expenses = $1,227 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,855
Downpayment
20%
$75,100
Closing costs
1%
$3,755
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,775
Total Expenses
$3,002
Mortgage P&I
108%
$1,915
Property Taxes
28%
$494
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0