This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $76,944 initial cash invested.
-11.15%
Cash On Cash
4.52%
Cap Rate
0.7
DSCR
$2,354
Rent
-$715
Cashflow
Cash Flow
$2,354 income − $3,069 expenses = $715 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,944
Downpayment
20%
$73,280
Closing costs
1%
$3,664
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,354
Total Expenses
$3,069
Mortgage P&I
84%
$1,977
Property Taxes
15%
$359
Home Insurance
5%
$121
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0