This property looks like a bad Long-Term investment with a projected -15.08% first-year return on $76,881 initial cash invested.
-15.08%
Cash On Cash
3.26%
Cap Rate
0.53
DSCR
$1,935
Rent
-$966
Cashflow
Cash Flow
$1,935 income − $2,901 expenses = $966 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,881
Downpayment
20%
$73,220
Closing costs
1%
$3,661
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,935
Total Expenses
$2,901
Mortgage P&I
96%
$1,865
Property Taxes
21%
$402
Home Insurance
7%
$130
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0