This property looks like a bad Long-Term investment with a projected -15.8% first-year return on $77,490 initial cash invested.
-15.8%
Cash On Cash
3.19%
Cap Rate
0.51
DSCR
$1,655
Rent
-$1,020
Cashflow
Cash Flow
$1,655 income − $2,675 expenses = $1,020 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,655
Total Expenses
$2,675
Mortgage P&I
116%
$1,918
Property Taxes
9%
$155
Home Insurance
8%
$129
HOA
3%
$42
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0