This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $76,797 initial cash invested.
-11.55%
Cash On Cash
4.17%
Cap Rate
0.67
DSCR
$2,306
Rent
-$739
Cashflow
Cash Flow
$2,306 income − $3,045 expenses = $739 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,797
Downpayment
20%
$73,140
Closing costs
1%
$3,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,306
Total Expenses
$3,045
Mortgage P&I
82%
$1,896
Property Taxes
18%
$417
Home Insurance
6%
$133
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0