This property looks like a bad Long-Term investment with a projected -11.24% first-year return on $77,385 initial cash invested.
-11.24%
Cash On Cash
4.3%
Cap Rate
0.68
DSCR
$2,080
Rent
-$725
Cashflow
Cash Flow
$2,080 income − $2,805 expenses = $725 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,385
Downpayment
20%
$73,700
Closing costs
1%
$3,685
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,080
Total Expenses
$2,805
Mortgage P&I
93%
$1,942
Property Taxes
9%
$193
Home Insurance
6%
$129
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0