This property looks like a bad Long-Term investment with a projected -8.39% first-year return on $77,679 initial cash invested.
-8.39%
Cash On Cash
5.14%
Cap Rate
0.79
DSCR
$2,304
Rent
-$543
Cashflow
Cash Flow
$2,304 income − $2,847 expenses = $543 out of pocket
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,679
Downpayment
20%
$73,980
Closing costs
1%
$3,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,304
Total Expenses
$2,847
Mortgage P&I
87%
$2,011
Property Taxes
5%
$108
Home Insurance
6%
$130
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0