This property looks like a bad Long-Term investment with a projected -0.79% first-year return on $77,574 initial cash invested.
-0.79%
Cash On Cash
7.04%
Cap Rate
1.06
DSCR
$3,654
Rent
-$51
Cashflow
Cash Flow
$3,654 income − $3,705 expenses = $51 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,574
Downpayment
20%
$73,880
Closing costs
1%
$3,694
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,654
Total Expenses
$3,705
Mortgage P&I
56%
$2,034
Property Taxes
14%
$513
Home Insurance
4%
$128
HOA
2%
$80
Property Management
10%
$365
CapEx
5%
$183
Vacancy
6%
$219
Maintenance
5%
$183
Other
0%
$0