This property looks like a bad Long-Term investment with a projected -18.68% first-year return on $76,272 initial cash invested.
-18.68%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,463
Rent
-$1,187
Cashflow
Cash Flow
$1,463 income − $2,650 expenses = $1,187 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,272
Downpayment
20%
$72,640
Closing costs
1%
$3,632
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,463
Total Expenses
$2,650
Mortgage P&I
137%
$2,007
Property Taxes
9%
$132
Home Insurance
9%
$131
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0