This property looks like a bad Long-Term investment with a projected -13.77% first-year return on $76,965 initial cash invested.
-13.77%
Cash On Cash
3.58%
Cap Rate
0.58
DSCR
$1,806
Rent
-$883
Cashflow
Cash Flow
$1,806 income − $2,689 expenses = $883 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,965
Downpayment
20%
$73,300
Closing costs
1%
$3,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,806
Total Expenses
$2,689
Mortgage P&I
104%
$1,887
Property Taxes
11%
$200
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0