This property looks like a bad Long-Term investment with a projected -13.98% first-year return on $76,041 initial cash invested.
-13.98%
Cash On Cash
4.16%
Cap Rate
0.62
DSCR
$2,215
Rent
-$886
Cashflow
Cash Flow
$2,215 income − $3,101 expenses = $886 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,041
Downpayment
20%
$72,420
Closing costs
1%
$3,621
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,215
Total Expenses
$3,101
Mortgage P&I
92%
$2,030
Property Taxes
16%
$363
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0