This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $78,939 initial cash invested.
-17.77%
Cash On Cash
3.26%
Cap Rate
0.49
DSCR
$2,558
Rent
-$1,169
Cashflow
Cash Flow
$2,558 income − $3,727 expenses = $1,169 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,939
Downpayment
20%
$75,180
Closing costs
1%
$3,759
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,558
Total Expenses
$3,727
Mortgage P&I
81%
$2,061
Property Taxes
26%
$659
Home Insurance
5%
$140
HOA
8%
$202
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0