This property looks like a bad Long-Term investment with a projected -16.65% first-year return on $76,629 initial cash invested.
-16.65%
Cash On Cash
3.32%
Cap Rate
0.51
DSCR
$1,864
Rent
-$1,063
Cashflow
Cash Flow
$1,864 income − $2,927 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,629
Downpayment
20%
$72,980
Closing costs
1%
$3,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,864
Total Expenses
$2,927
Mortgage P&I
106%
$1,981
Property Taxes
18%
$334
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0