This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $76,650 initial cash invested.
-9.13%
Cash On Cash
4.86%
Cap Rate
0.76
DSCR
$2,467
Rent
-$583
Cashflow
Cash Flow
$2,467 income − $3,050 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,467
Total Expenses
$3,050
Mortgage P&I
79%
$1,938
Property Taxes
14%
$343
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0