This property looks like a bad Long-Term investment with a projected -14.31% first-year return on $76,650 initial cash invested.
-14.31%
Cash On Cash
3.43%
Cap Rate
0.56
DSCR
$1,606
Rent
-$914
Cashflow
Cash Flow
$1,606 income − $2,520 expenses = $914 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,606
Total Expenses
$2,520
Mortgage P&I
117%
$1,878
Property Taxes
4%
$72
Home Insurance
8%
$128
HOA
2%
$25
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0