This property looks like a bad Long-Term investment with a projected -16.52% first-year return on $79,632 initial cash invested.
-16.52%
Cash On Cash
3.33%
Cap Rate
0.51
DSCR
$1,614
Rent
-$1,096
Cashflow
Cash Flow
$1,614 income − $2,710 expenses = $1,096 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,632
Downpayment
20%
$75,840
Closing costs
1%
$3,792
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,614
Total Expenses
$2,710
Mortgage P&I
128%
$2,067
Property Taxes
5%
$83
Home Insurance
9%
$140
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0