This property looks like a bad Long-Term investment with a projected -17.34% first-year return on $77,322 initial cash invested.
-17.34%
Cash On Cash
3.18%
Cap Rate
0.49
DSCR
$2,239
Rent
-$1,117
Cashflow
Cash Flow
$2,239 income − $3,356 expenses = $1,117 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,322
Downpayment
20%
$73,640
Closing costs
1%
$3,682
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,239
Total Expenses
$3,356
Mortgage P&I
89%
$1,982
Property Taxes
27%
$599
Home Insurance
7%
$166
HOA
1%
$27
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0