This property looks like a bad Long-Term investment with a projected -8.54% first-year return on $77,469 initial cash invested.
-8.54%
Cash On Cash
5.03%
Cap Rate
0.79
DSCR
$2,636
Rent
-$551
Cashflow
Cash Flow
$2,636 income − $3,187 expenses = $551 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,469
Downpayment
20%
$73,780
Closing costs
1%
$3,689
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,636
Total Expenses
$3,187
Mortgage P&I
75%
$1,965
Property Taxes
15%
$398
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0