This property looks like a bad Long-Term investment with a projected -15.76% first-year return on $78,036 initial cash invested.
-15.76%
Cash On Cash
3.61%
Cap Rate
0.55
DSCR
$2,083
Rent
-$1,025
Cashflow
Cash Flow
$2,083 income − $3,108 expenses = $1,025 out of pocket
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,036
Downpayment
20%
$74,320
Closing costs
1%
$3,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,083
Total Expenses
$3,108
Mortgage P&I
98%
$2,040
Property Taxes
20%
$422
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0