This property looks like a bad Long-Term investment with a projected -21.32% first-year return on $79,527 initial cash invested.
-21.32%
Cash On Cash
2.44%
Cap Rate
0.36
DSCR
$1,454
Rent
-$1,413
Cashflow
Cash Flow
$1,454 income − $2,867 expenses = $1,413 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,527
Downpayment
20%
$75,740
Closing costs
1%
$3,787
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,454
Total Expenses
$2,867
Mortgage P&I
145%
$2,109
Property Taxes
17%
$240
Home Insurance
10%
$140
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0