This property looks like a bad Long-Term investment with a projected -13.31% first-year return on $78,267 initial cash invested.
-13.31%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$2,168
Rent
-$868
Cashflow
Cash Flow
$2,168 income − $3,036 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,267
Downpayment
20%
$74,540
Closing costs
1%
$3,727
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,168
Total Expenses
$3,036
Mortgage P&I
95%
$2,053
Property Taxes
13%
$284
Home Insurance
6%
$136
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0