This property looks like a bad Long-Term investment with a projected -16.26% first-year return on $77,364 initial cash invested.
-16.26%
Cash On Cash
3.39%
Cap Rate
0.52
DSCR
$2,012
Rent
-$1,048
Cashflow
Cash Flow
$2,012 income − $3,060 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,364
Downpayment
20%
$73,680
Closing costs
1%
$3,684
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,012
Total Expenses
$3,060
Mortgage P&I
99%
$1,987
Property Taxes
20%
$400
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0