This property looks like a bad Long-Term investment with a projected -15.45% first-year return on $79,590 initial cash invested.
-15.45%
Cash On Cash
3.59%
Cap Rate
0.55
DSCR
$1,681
Rent
-$1,025
Cashflow
Cash Flow
$1,681 income − $2,706 expenses = $1,025 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,681
Total Expenses
$2,706
Mortgage P&I
124%
$2,076
Property Taxes
4%
$60
Home Insurance
8%
$133
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0