This property looks like a bad Long-Term investment with a projected -2.04% first-year return on $79,359 initial cash invested.
-2.04%
Cash On Cash
6.54%
Cap Rate
1.02
DSCR
$3,502
Rent
-$135
Cashflow
Cash Flow
$3,502 income − $3,637 expenses = $135 out of pocket
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,359
Downpayment
20%
$75,580
Closing costs
1%
$3,779
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,502
Total Expenses
$3,637
Mortgage P&I
58%
$2,019
Property Taxes
16%
$572
Home Insurance
4%
$136
HOA
0%
$0
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0