This property looks like a bad Long-Term investment with a projected -12.46% first-year return on $77,511 initial cash invested.
-12.46%
Cash On Cash
3.88%
Cap Rate
0.63
DSCR
$2,165
Rent
-$805
Cashflow
Cash Flow
$2,165 income − $2,970 expenses = $805 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,511
Downpayment
20%
$73,820
Closing costs
1%
$3,691
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,165
Total Expenses
$2,970
Mortgage P&I
87%
$1,889
Property Taxes
16%
$350
Home Insurance
6%
$131
HOA
2%
$38
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0