This property looks like a bad Long-Term investment with a projected -17.32% first-year return on $78,015 initial cash invested.
-17.32%
Cash On Cash
3.17%
Cap Rate
0.48
DSCR
$1,577
Rent
-$1,126
Cashflow
Cash Flow
$1,577 income − $2,703 expenses = $1,126 out of pocket
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,015
Downpayment
20%
$74,300
Closing costs
1%
$3,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,577
Total Expenses
$2,703
Mortgage P&I
129%
$2,027
Property Taxes
12%
$183
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0