This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $77,007 initial cash invested.
-18.64%
Cash On Cash
3.03%
Cap Rate
0.46
DSCR
$1,744
Rent
-$1,196
Cashflow
Cash Flow
$1,744 income − $2,940 expenses = $1,196 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,007
Downpayment
20%
$73,340
Closing costs
1%
$3,667
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,744
Total Expenses
$2,940
Mortgage P&I
117%
$2,036
Property Taxes
18%
$320
Home Insurance
8%
$131
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0