This property looks like a bad Long-Term investment with a projected -11.99% first-year return on $76,377 initial cash invested.
-11.99%
Cash On Cash
4.21%
Cap Rate
0.66
DSCR
$2,292
Rent
-$763
Cashflow
Cash Flow
$2,292 income − $3,055 expenses = $763 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,377
Downpayment
20%
$72,740
Closing costs
1%
$3,637
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,292
Total Expenses
$3,055
Mortgage P&I
84%
$1,924
Property Taxes
18%
$415
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0