This property looks like a bad Long-Term investment with a projected -15.32% first-year return on $79,590 initial cash invested.
-15.32%
Cash On Cash
3.7%
Cap Rate
0.56
DSCR
$1,948
Rent
-$1,016
Cashflow
Cash Flow
$1,948 income − $2,964 expenses = $1,016 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,948
Total Expenses
$2,964
Mortgage P&I
107%
$2,088
Property Taxes
12%
$237
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0