This property looks like a bad Long-Term investment with a projected -12.28% first-year return on $76,839 initial cash invested.
-12.28%
Cash On Cash
4.22%
Cap Rate
0.65
DSCR
$1,915
Rent
-$786
Cashflow
Cash Flow
$1,915 income − $2,701 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,915
Total Expenses
$2,701
Mortgage P&I
103%
$1,976
Property Taxes
5%
$98
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0