This property looks like a bad Long-Term investment with a projected -15.67% first-year return on $79,359 initial cash invested.
-15.67%
Cash On Cash
3.86%
Cap Rate
0.56
DSCR
$1,983
Rent
-$1,036
Cashflow
Cash Flow
$1,983 income − $3,019 expenses = $1,036 out of pocket
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,983
Total Expenses
$3,019
Mortgage P&I
109%
$2,153
Property Taxes
11%
$215
Home Insurance
7%
$136
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0