This property looks like a bad Long-Term investment with a projected -24.63% first-year return on $79,086 initial cash invested.
-24.63%
Cash On Cash
1.68%
Cap Rate
0.25
DSCR
$1,469
Rent
-$1,623
Cashflow
Cash Flow
$1,469 income − $3,092 expenses = $1,623 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,086
Downpayment
20%
$75,320
Closing costs
1%
$3,766
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,469
Total Expenses
$3,092
Mortgage P&I
141%
$2,076
Property Taxes
34%
$495
Home Insurance
10%
$140
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0