This property looks like a bad Long-Term investment with a projected -9.11% first-year return on $76,902 initial cash invested.
-9.11%
Cash On Cash
5.06%
Cap Rate
0.77
DSCR
$2,363
Rent
-$584
Cashflow
Cash Flow
$2,363 income − $2,947 expenses = $584 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,902
Downpayment
20%
$73,240
Closing costs
1%
$3,662
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,363
Total Expenses
$2,947
Mortgage P&I
85%
$2,009
Property Taxes
8%
$193
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0