This property looks like a bad Long-Term investment with a projected -19.86% first-year return on $77,532 initial cash invested.
-19.86%
Cash On Cash
2.77%
Cap Rate
0.42
DSCR
$1,896
Rent
-$1,283
Cashflow
Cash Flow
$1,896 income − $3,179 expenses = $1,283 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,532
Downpayment
20%
$73,840
Closing costs
1%
$3,692
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,896
Total Expenses
$3,179
Mortgage P&I
108%
$2,040
Property Taxes
18%
$337
Home Insurance
7%
$135
HOA
9%
$173
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0