This property looks like a bad Long-Term investment with a projected -5.98% first-year return on $79,632 initial cash invested.
-5.98%
Cash On Cash
5.37%
Cap Rate
0.87
DSCR
$2,709
Rent
-$397
Cashflow
Cash Flow
$2,709 income − $3,106 expenses = $397 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,632
Downpayment
20%
$75,840
Closing costs
1%
$3,792
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$3,106
Mortgage P&I
72%
$1,959
Property Taxes
11%
$308
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0