This property looks like a bad Long-Term investment with a projected -19.53% first-year return on $76,062 initial cash invested.
-19.53%
Cash On Cash
2.51%
Cap Rate
0.39
DSCR
$1,180
Rent
-$1,238
Cashflow
Cash Flow
$1,180 income − $2,418 expenses = $1,238 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,062
Downpayment
20%
$72,440
Closing costs
1%
$3,622
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,180
Total Expenses
$2,418
Mortgage P&I
164%
$1,936
Property Taxes
4%
$44
Home Insurance
11%
$131
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0