This property looks like a bad Long-Term investment with a projected -16.88% first-year return on $75,789 initial cash invested.
-16.88%
Cash On Cash
2.76%
Cap Rate
0.46
DSCR
$1,526
Rent
-$1,066
Cashflow
Cash Flow
$1,526 income − $2,592 expenses = $1,066 out of pocket
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,789
Downpayment
20%
$72,180
Closing costs
1%
$3,609
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,526
Total Expenses
$2,592
Mortgage P&I
119%
$1,820
Property Taxes
16%
$245
Home Insurance
9%
$130
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0