This property looks like a bad Long-Term investment with a projected -16.46% first-year return on $78,519 initial cash invested.
-16.46%
Cash On Cash
3.16%
Cap Rate
0.5
DSCR
$1,842
Rent
-$1,077
Cashflow
Cash Flow
$1,842 income − $2,919 expenses = $1,077 out of pocket
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,519
Downpayment
20%
$74,780
Closing costs
1%
$3,739
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,842
Total Expenses
$2,919
Mortgage P&I
107%
$1,969
Property Taxes
18%
$338
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0