This property looks like a bad Long-Term investment with a projected -17.24% first-year return on $76,755 initial cash invested.
-17.24%
Cash On Cash
3.36%
Cap Rate
0.5
DSCR
$1,876
Rent
-$1,103
Cashflow
Cash Flow
$1,876 income − $2,979 expenses = $1,103 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,755
Downpayment
20%
$73,100
Closing costs
1%
$3,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,876
Total Expenses
$2,979
Mortgage P&I
108%
$2,032
Property Taxes
16%
$292
Home Insurance
7%
$131
HOA
2%
$35
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0