This property looks like a bad Long-Term investment with a projected -19.02% first-year return on $78,855 initial cash invested.
-19.02%
Cash On Cash
2.94%
Cap Rate
0.44
DSCR
$2,036
Rent
-$1,250
Cashflow
Cash Flow
$2,036 income − $3,286 expenses = $1,250 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,855
Downpayment
20%
$75,100
Closing costs
1%
$3,755
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,036
Total Expenses
$3,286
Mortgage P&I
102%
$2,068
Property Taxes
11%
$233
Home Insurance
7%
$135
HOA
16%
$320
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0