This property looks like a bad Long-Term investment with a projected -11.74% first-year return on $79,107 initial cash invested.
-11.74%
Cash On Cash
4.06%
Cap Rate
0.66
DSCR
$2,123
Rent
-$774
Cashflow
Cash Flow
$2,123 income − $2,897 expenses = $774 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,107
Downpayment
20%
$75,340
Closing costs
1%
$3,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,123
Total Expenses
$2,897
Mortgage P&I
91%
$1,942
Property Taxes
13%
$266
Home Insurance
7%
$138
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0