This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $76,650 initial cash invested.
-9.89%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$2,376
Rent
-$632
Cashflow
Cash Flow
$2,376 income − $3,008 expenses = $632 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,376
Total Expenses
$3,008
Mortgage P&I
85%
$2,017
Property Taxes
10%
$234
Home Insurance
5%
$128
HOA
0%
$10
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0