This property looks like a bad Long-Term investment with a projected -14.21% first-year return on $76,503 initial cash invested.
-14.21%
Cash On Cash
3.93%
Cap Rate
0.6
DSCR
$2,137
Rent
-$906
Cashflow
Cash Flow
$2,137 income − $3,043 expenses = $906 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,137
Total Expenses
$3,043
Mortgage P&I
93%
$1,993
Property Taxes
17%
$364
Home Insurance
6%
$130
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0