This property looks like a bad Long-Term investment with a projected -10.52% first-year return on $76,398 initial cash invested.
-10.52%
Cash On Cash
4.95%
Cap Rate
0.73
DSCR
$2,496
Rent
-$670
Cashflow
Cash Flow
$2,496 income − $3,166 expenses = $670 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,398
Downpayment
20%
$72,760
Closing costs
1%
$3,638
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,496
Total Expenses
$3,166
Mortgage P&I
82%
$2,045
Property Taxes
14%
$340
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0