This property looks like a bad Long-Term investment with a projected -15.98% first-year return on $76,524 initial cash invested.
-15.98%
Cash On Cash
3.44%
Cap Rate
0.53
DSCR
$1,861
Rent
-$1,019
Cashflow
Cash Flow
$1,861 income − $2,880 expenses = $1,019 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,524
Downpayment
20%
$72,880
Closing costs
1%
$3,644
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,861
Total Expenses
$2,880
Mortgage P&I
106%
$1,971
Property Taxes
15%
$285
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0