This property looks like a bad Long-Term investment with a projected -9.25% first-year return on $79,359 initial cash invested.
-9.25%
Cash On Cash
4.66%
Cap Rate
0.75
DSCR
$2,496
Rent
-$612
Cashflow
Cash Flow
$2,496 income − $3,108 expenses = $612 out of pocket
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,496
Total Expenses
$3,108
Mortgage P&I
78%
$1,953
Property Taxes
13%
$330
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0