This property looks like a bad Long-Term investment with a projected -25.26% first-year return on $77,679 initial cash invested.
-25.26%
Cash On Cash
1.67%
Cap Rate
0.25
DSCR
$1,124
Rent
-$1,635
Cashflow
Cash Flow
$1,124 income − $2,759 expenses = $1,635 out of pocket
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,679
Downpayment
20%
$73,980
Closing costs
1%
$3,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,124
Total Expenses
$2,759
Mortgage P&I
186%
$2,094
Property Taxes
14%
$153
Home Insurance
12%
$130
HOA
8%
$91
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0