This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $75,894 initial cash invested.
-11.46%
Cash On Cash
4.47%
Cap Rate
0.69
DSCR
$2,667
Rent
-$725
Cashflow
Cash Flow
$2,667 income − $3,392 expenses = $725 out of pocket
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,894
Downpayment
20%
$72,280
Closing costs
1%
$3,614
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,667
Total Expenses
$3,392
Mortgage P&I
73%
$1,939
Property Taxes
24%
$632
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0