This property looks like a bad Long-Term investment with a projected -17.12% first-year return on $79,569 initial cash invested.
-17.12%
Cash On Cash
3.45%
Cap Rate
0.51
DSCR
$1,836
Rent
-$1,135
Cashflow
Cash Flow
$1,836 income − $2,971 expenses = $1,135 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,569
Downpayment
20%
$75,780
Closing costs
1%
$3,789
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,836
Total Expenses
$2,971
Mortgage P&I
116%
$2,131
Property Taxes
9%
$162
Home Insurance
7%
$133
HOA
4%
$67
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0