This property looks like a bad Long-Term investment with a projected -9.44% first-year return on $79,065 initial cash invested.
-9.44%
Cash On Cash
5.03%
Cap Rate
0.76
DSCR
$2,653
Rent
-$622
Cashflow
Cash Flow
$2,653 income − $3,275 expenses = $622 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,065
Downpayment
20%
$75,300
Closing costs
1%
$3,765
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,653
Total Expenses
$3,275
Mortgage P&I
78%
$2,067
Property Taxes
14%
$383
Home Insurance
5%
$135
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0