This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $75,516 initial cash invested.
-8.95%
Cash On Cash
5.08%
Cap Rate
0.77
DSCR
$2,218
Rent
-$563
Cashflow
Cash Flow
$2,218 income − $2,781 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,516
Downpayment
20%
$71,920
Closing costs
1%
$3,596
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,218
Total Expenses
$2,781
Mortgage P&I
89%
$1,975
Property Taxes
4%
$98
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0