This property looks like a bad Long-Term investment with a projected -9.91% first-year return on $79,191 initial cash invested.
-9.91%
Cash On Cash
4.92%
Cap Rate
0.74
DSCR
$2,286
Rent
-$654
Cashflow
Cash Flow
$2,286 income − $2,940 expenses = $654 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,191
Downpayment
20%
$75,420
Closing costs
1%
$3,771
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,286
Total Expenses
$2,940
Mortgage P&I
91%
$2,085
Property Taxes
6%
$126
Home Insurance
6%
$135
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0