This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $78,330 initial cash invested.
-11.34%
Cash On Cash
4.14%
Cap Rate
0.66
DSCR
$1,828
Rent
-$740
Cashflow
Cash Flow
$1,828 income − $2,568 expenses = $740 out of pocket
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,330
Downpayment
20%
$74,600
Closing costs
1%
$3,730
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,828
Total Expenses
$2,568
Mortgage P&I
106%
$1,937
Property Taxes
1%
$25
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0