This property looks like a bad Long-Term investment with a projected -12.91% first-year return on $76,503 initial cash invested.
-12.91%
Cash On Cash
4.31%
Cap Rate
0.65
DSCR
$2,058
Rent
-$823
Cashflow
Cash Flow
$2,058 income − $2,881 expenses = $823 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,503
Downpayment
20%
$72,860
Closing costs
1%
$3,643
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$2,881
Mortgage P&I
99%
$2,029
Property Taxes
8%
$174
Home Insurance
7%
$143
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0