This property looks like a bad Long-Term investment with a projected -15.42% first-year return on $79,590 initial cash invested.
-15.42%
Cash On Cash
3.76%
Cap Rate
0.57
DSCR
$2,561
Rent
-$1,023
Cashflow
Cash Flow
$2,561 income − $3,584 expenses = $1,023 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
$2,561
Total Expenses
$3,584
Mortgage P&I
81%
$2,081
Property Taxes
27%
$704
Home Insurance
5%
$133
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0