This property looks like a bad Long-Term investment with a projected -19.44% first-year return on $76,650 initial cash invested.
-19.44%
Cash On Cash
2.43%
Cap Rate
0.39
DSCR
$1,553
Rent
-$1,242
Cashflow
Cash Flow
$1,553 income − $2,795 expenses = $1,242 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,553
Total Expenses
$2,795
Mortgage P&I
123%
$1,904
Property Taxes
23%
$359
Home Insurance
8%
$128
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0