This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $78,876 initial cash invested.
-11.53%
Cash On Cash
4.52%
Cap Rate
0.69
DSCR
$2,482
Rent
-$758
Cashflow
Cash Flow
$2,482 income − $3,240 expenses = $758 out of pocket
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,876
Downpayment
20%
$75,120
Closing costs
1%
$3,756
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,482
Total Expenses
$3,240
Mortgage P&I
83%
$2,050
Property Taxes
16%
$407
Home Insurance
6%
$138
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0