This property looks like a bad Long-Term investment with a projected -16.65% first-year return on $76,251 initial cash invested.
-16.65%
Cash On Cash
3.39%
Cap Rate
0.52
DSCR
$1,855
Rent
-$1,058
Cashflow
Cash Flow
$1,855 income − $2,913 expenses = $1,058 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,251
Downpayment
20%
$72,620
Closing costs
1%
$3,631
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,855
Total Expenses
$2,913
Mortgage P&I
107%
$1,991
Property Taxes
17%
$309
Home Insurance
7%
$130
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0