This property looks like a bad Long-Term investment with a projected -19.17% first-year return on $77,679 initial cash invested.
-19.17%
Cash On Cash
2.77%
Cap Rate
0.42
DSCR
$1,460
Rent
-$1,241
Cashflow
Cash Flow
$1,460 income − $2,701 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,679
Downpayment
20%
$73,980
Closing costs
1%
$3,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,460
Total Expenses
$2,701
Mortgage P&I
138%
$2,022
Property Taxes
12%
$169
Home Insurance
9%
$130
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0