This property looks like a bad Long-Term investment with a projected -15.14% first-year return on $76,986 initial cash invested.
-15.14%
Cash On Cash
3.79%
Cap Rate
0.57
DSCR
$2,137
Rent
-$971
Cashflow
Cash Flow
$2,137 income − $3,108 expenses = $971 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,986
Downpayment
20%
$73,320
Closing costs
1%
$3,666
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,137
Total Expenses
$3,108
Mortgage P&I
95%
$2,021
Property Taxes
18%
$391
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0