This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $76,650 initial cash invested.
-11.01%
Cash On Cash
4.53%
Cap Rate
0.71
DSCR
$2,583
Rent
-$703
Cashflow
Cash Flow
$2,583 income − $3,286 expenses = $703 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,583
Total Expenses
$3,286
Mortgage P&I
76%
$1,952
Property Taxes
20%
$505
Home Insurance
5%
$130
HOA
1%
$28
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0