This property looks like a bad Long-Term investment with a projected -16.02% first-year return on $78,960 initial cash invested.
-16.02%
Cash On Cash
3.47%
Cap Rate
0.54
DSCR
$2,364
Rent
-$1,054
Cashflow
Cash Flow
$2,364 income − $3,418 expenses = $1,054 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,960
Downpayment
20%
$75,200
Closing costs
1%
$3,760
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,364
Total Expenses
$3,418
Mortgage P&I
86%
$2,023
Property Taxes
13%
$319
Home Insurance
5%
$122
HOA
14%
$340
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0