This property looks like a bad Long-Term investment with a projected -10.77% first-year return on $77,091 initial cash invested.
-10.77%
Cash On Cash
4.64%
Cap Rate
0.72
DSCR
$2,627
Rent
-$692
Cashflow
Cash Flow
$2,627 income − $3,319 expenses = $692 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,091
Downpayment
20%
$73,420
Closing costs
1%
$3,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,627
Total Expenses
$3,319
Mortgage P&I
75%
$1,979
Property Taxes
14%
$356
Home Insurance
5%
$128
HOA
7%
$173
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0