This property looks like a bad Long-Term investment with a projected -16.23% first-year return on $76,839 initial cash invested.
-16.23%
Cash On Cash
3.56%
Cap Rate
0.53
DSCR
$1,735
Rent
-$1,039
Cashflow
Cash Flow
$1,735 income − $2,774 expenses = $1,039 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,839
Downpayment
20%
$73,180
Closing costs
1%
$3,659
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,735
Total Expenses
$2,774
Mortgage P&I
117%
$2,038
Property Taxes
9%
$153
Home Insurance
8%
$131
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0