This property looks like a bad Long-Term investment with a projected -21.62% first-year return on $76,209 initial cash invested.
-21.62%
Cash On Cash
2.25%
Cap Rate
0.34
DSCR
$1,397
Rent
-$1,373
Cashflow
Cash Flow
$1,397 income − $2,770 expenses = $1,373 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,209
Downpayment
20%
$72,580
Closing costs
1%
$3,629
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,397
Total Expenses
$2,770
Mortgage P&I
142%
$1,984
Property Taxes
21%
$294
Home Insurance
9%
$128
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0