This property looks like a bad Long-Term investment with a projected -12.58% first-year return on $76,965 initial cash invested.
-12.58%
Cash On Cash
4.19%
Cap Rate
0.65
DSCR
$2,111
Rent
-$807
Cashflow
Cash Flow
$2,111 income − $2,918 expenses = $807 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,965
Downpayment
20%
$73,300
Closing costs
1%
$3,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,111
Total Expenses
$2,918
Mortgage P&I
94%
$1,980
Property Taxes
12%
$260
Home Insurance
6%
$128
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0