This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $79,485 initial cash invested.
-5.24%
Cash On Cash
5.93%
Cap Rate
0.91
DSCR
$3,191
Rent
-$347
Cashflow
Cash Flow
$3,191 income − $3,538 expenses = $347 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,485
Downpayment
20%
$75,700
Closing costs
1%
$3,785
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,191
Total Expenses
$3,538
Mortgage P&I
64%
$2,056
Property Taxes
16%
$514
Home Insurance
4%
$138
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$160
Vacancy
6%
$191
Maintenance
5%
$160
Other
0%
$0