This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $78,582 initial cash invested.
-14.02%
Cash On Cash
3.74%
Cap Rate
0.59
DSCR
$2,326
Rent
-$918
Cashflow
Cash Flow
$2,326 income − $3,244 expenses = $918 out of pocket
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,582
Downpayment
20%
$74,840
Closing costs
1%
$3,742
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,326
Total Expenses
$3,244
Mortgage P&I
85%
$1,969
Property Taxes
23%
$537
Home Insurance
6%
$133
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0