This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $76,356 initial cash invested.
-13.59%
Cash On Cash
4.1%
Cap Rate
0.62
DSCR
$2,076
Rent
-$865
Cashflow
Cash Flow
$2,076 income − $2,941 expenses = $865 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,076
Total Expenses
$2,941
Mortgage P&I
96%
$2,002
Property Taxes
12%
$245
Home Insurance
6%
$131
HOA
1%
$22
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0