This property looks like a bad Long-Term investment with a projected -21.32% first-year return on $77,490 initial cash invested.
-21.32%
Cash On Cash
2.33%
Cap Rate
0.36
DSCR
$1,748
Rent
-$1,377
Cashflow
Cash Flow
$1,748 income − $3,125 expenses = $1,377 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,748
Total Expenses
$3,125
Mortgage P&I
115%
$2,008
Property Taxes
31%
$534
Home Insurance
7%
$129
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0