This property looks like a bad Long-Term investment with a projected -24.11% first-year return on $79,128 initial cash invested.
-24.11%
Cash On Cash
1.79%
Cap Rate
0.27
DSCR
$1,651
Rent
-$1,590
Cashflow
Cash Flow
$1,651 income − $3,241 expenses = $1,590 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,128
Downpayment
20%
$75,360
Closing costs
1%
$3,768
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,651
Total Expenses
$3,241
Mortgage P&I
125%
$2,070
Property Taxes
35%
$580
Home Insurance
10%
$161
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0