This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $76,419 initial cash invested.
-9.56%
Cash On Cash
4.97%
Cap Rate
0.76
DSCR
$2,731
Rent
-$609
Cashflow
Cash Flow
$2,731 income − $3,340 expenses = $609 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,419
Downpayment
20%
$72,780
Closing costs
1%
$3,639
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,731
Total Expenses
$3,340
Mortgage P&I
72%
$1,979
Property Taxes
20%
$542
Home Insurance
4%
$108
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0