This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $76,230 initial cash invested.
-13.29%
Cash On Cash
4.15%
Cap Rate
0.63
DSCR
$1,869
Rent
-$844
Cashflow
Cash Flow
$1,869 income − $2,713 expenses = $844 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,230
Downpayment
20%
$72,600
Closing costs
1%
$3,630
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,869
Total Expenses
$2,713
Mortgage P&I
107%
$2,006
Property Taxes
5%
$88
Home Insurance
7%
$130
HOA
0%
$4
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0