This property looks like a bad Long-Term investment with a projected -2.54% first-year return on $76,041 initial cash invested.
-2.54%
Cash On Cash
6.39%
Cap Rate
0.99
DSCR
$2,767
Rent
-$161
Cashflow
Cash Flow
$2,767 income − $2,928 expenses = $161 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,041
Downpayment
20%
$72,420
Closing costs
1%
$3,621
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,767
Total Expenses
$2,928
Mortgage P&I
71%
$1,951
Property Taxes
5%
$136
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0