This property looks like a bad Long-Term investment with a projected -19.36% first-year return on $78,960 initial cash invested.
-19.36%
Cash On Cash
3.06%
Cap Rate
0.45
DSCR
$1,818
Rent
-$1,274
Cashflow
Cash Flow
$1,818 income − $3,092 expenses = $1,274 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,960
Downpayment
20%
$75,200
Closing costs
1%
$3,760
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,818
Total Expenses
$3,092
Mortgage P&I
118%
$2,143
Property Taxes
19%
$345
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0