This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $75,579 initial cash invested.
-10.73%
Cash On Cash
4.35%
Cap Rate
0.69
DSCR
$1,934
Rent
-$676
Cashflow
Cash Flow
$1,934 income − $2,610 expenses = $676 out of pocket
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,579
Downpayment
20%
$71,980
Closing costs
1%
$3,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,934
Total Expenses
$2,610
Mortgage P&I
97%
$1,885
Property Taxes
5%
$96
Home Insurance
7%
$126
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0