This property looks like a bad Long-Term investment with a projected -13.77% first-year return on $77,238 initial cash invested.
-13.77%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$2,025
Rent
-$886
Cashflow
Cash Flow
$2,025 income − $2,911 expenses = $886 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,238
Downpayment
20%
$73,560
Closing costs
1%
$3,678
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,025
Total Expenses
$2,911
Mortgage P&I
99%
$2,014
Property Taxes
12%
$238
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0