This property looks like a bad Long-Term investment with a projected -15.13% first-year return on $79,149 initial cash invested.
-15.13%
Cash On Cash
3.52%
Cap Rate
0.55
DSCR
$2,193
Rent
-$998
Cashflow
Cash Flow
$2,193 income − $3,191 expenses = $998 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,149
Downpayment
20%
$75,380
Closing costs
1%
$3,769
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,193
Total Expenses
$3,191
Mortgage P&I
91%
$1,994
Property Taxes
22%
$491
Home Insurance
6%
$135
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0