This property looks like a bad Long-Term investment with a projected -17.91% first-year return on $79,590 initial cash invested.
-17.91%
Cash On Cash
2.77%
Cap Rate
0.45
DSCR
$1,954
Rent
-$1,188
Cashflow
Cash Flow
$1,954 income − $3,142 expenses = $1,188 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,954
Total Expenses
$3,142
Mortgage P&I
101%
$1,964
Property Taxes
27%
$537
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0