This property looks like a bad Long-Term investment with a projected -14.93% first-year return on $76,419 initial cash invested.
-14.93%
Cash On Cash
3.83%
Cap Rate
0.57
DSCR
$1,816
Rent
-$951
Cashflow
Cash Flow
$1,816 income − $2,767 expenses = $951 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,419
Downpayment
20%
$72,780
Closing costs
1%
$3,639
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,816
Total Expenses
$2,767
Mortgage P&I
111%
$2,020
Property Taxes
8%
$144
Home Insurance
7%
$130
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0