This property looks like a bad Long-Term investment with a projected -15.4% first-year return on $76,839 initial cash invested.
-15.4%
Cash On Cash
3.6%
Cap Rate
0.55
DSCR
$1,730
Rent
-$986
Cashflow
Cash Flow
$1,730 income − $2,716 expenses = $986 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,839
Downpayment
20%
$73,180
Closing costs
1%
$3,659
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,730
Total Expenses
$2,716
Mortgage P&I
116%
$1,999
Property Taxes
8%
$140
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0