This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $78,372 initial cash invested.
-13.28%
Cash On Cash
3.71%
Cap Rate
0.6
DSCR
$1,766
Rent
-$867
Cashflow
Cash Flow
$1,766 income − $2,633 expenses = $867 out of pocket
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,372
Downpayment
20%
$74,640
Closing costs
1%
$3,732
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,766
Total Expenses
$2,633
Mortgage P&I
109%
$1,932
Property Taxes
6%
$107
Home Insurance
8%
$135
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0