This property looks like a bad Long-Term investment with a projected -8.69% first-year return on $79,107 initial cash invested.
-8.69%
Cash On Cash
5.04%
Cap Rate
0.78
DSCR
$2,517
Rent
-$573
Cashflow
Cash Flow
$2,517 income − $3,090 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,107
Downpayment
20%
$75,340
Closing costs
1%
$3,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,517
Total Expenses
$3,090
Mortgage P&I
81%
$2,030
Property Taxes
12%
$293
Home Insurance
4%
$112
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0