This property looks like a bad Long-Term investment with a projected -12.22% first-year return on $78,477 initial cash invested.
-12.22%
Cash On Cash
3.92%
Cap Rate
0.63
DSCR
$1,887
Rent
-$799
Cashflow
Cash Flow
$1,887 income − $2,686 expenses = $799 out of pocket
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,477
Downpayment
20%
$74,740
Closing costs
1%
$3,737
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,887
Total Expenses
$2,686
Mortgage P&I
102%
$1,926
Property Taxes
7%
$137
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0