This property looks like a bad Long-Term investment with a projected -21.01% first-year return on $77,490 initial cash invested.
-21.01%
Cash On Cash
2.3%
Cap Rate
0.36
DSCR
$1,492
Rent
-$1,357
Cashflow
Cash Flow
$1,492 income − $2,849 expenses = $1,357 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,492
Total Expenses
$2,849
Mortgage P&I
133%
$1,990
Property Taxes
23%
$341
Home Insurance
9%
$129
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0