This property looks like a bad Long-Term investment with a projected -16.26% first-year return on $75,957 initial cash invested.
-16.26%
Cash On Cash
3.66%
Cap Rate
0.55
DSCR
$2,182
Rent
-$1,029
Cashflow
Cash Flow
$2,182 income − $3,211 expenses = $1,029 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,957
Downpayment
20%
$72,340
Closing costs
1%
$3,617
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,182
Total Expenses
$3,211
Mortgage P&I
93%
$2,023
Property Taxes
23%
$493
Home Insurance
6%
$128
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0