This property looks like a bad Long-Term investment with a projected -7.93% first-year return on $76,272 initial cash invested.
-7.93%
Cash On Cash
5.02%
Cap Rate
0.81
DSCR
$2,829
Rent
-$504
Cashflow
Cash Flow
$2,829 income − $3,333 expenses = $504 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,272
Downpayment
20%
$72,640
Closing costs
1%
$3,632
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,829
Total Expenses
$3,333
Mortgage P&I
67%
$1,883
Property Taxes
21%
$585
Home Insurance
5%
$130
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0