This property looks like a bad Long-Term investment with a projected -15.36% first-year return on $75,768 initial cash invested.
-15.36%
Cash On Cash
3.53%
Cap Rate
0.55
DSCR
$1,881
Rent
-$970
Cashflow
Cash Flow
$1,881 income − $2,851 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,768
Downpayment
20%
$72,160
Closing costs
1%
$3,608
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,881
Total Expenses
$2,851
Mortgage P&I
103%
$1,936
Property Taxes
16%
$294
Home Insurance
7%
$132
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0