This property looks like a bad Long-Term investment with a projected -5.55% first-year return on $76,356 initial cash invested.
-5.55%
Cash On Cash
5.34%
Cap Rate
0.88
DSCR
$2,709
Rent
-$353
Cashflow
Cash Flow
$2,709 income − $3,062 expenses = $353 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,356
Downpayment
20%
$72,720
Closing costs
1%
$3,636
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$3,062
Mortgage P&I
68%
$1,836
Property Taxes
14%
$375
Home Insurance
5%
$131
HOA
1%
$16
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0