This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $78,078 initial cash invested.
-15.58%
Cash On Cash
3.4%
Cap Rate
0.54
DSCR
$2,068
Rent
-$1,014
Cashflow
Cash Flow
$2,068 income − $3,082 expenses = $1,014 out of pocket
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,078
Downpayment
20%
$74,360
Closing costs
1%
$3,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,068
Total Expenses
$3,082
Mortgage P&I
95%
$1,964
Property Taxes
22%
$450
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0