This property looks like a bad Long-Term investment with a projected -12.85% first-year return on $76,944 initial cash invested.
-12.85%
Cash On Cash
4.2%
Cap Rate
0.65
DSCR
$2,385
Rent
-$824
Cashflow
Cash Flow
$2,385 income − $3,209 expenses = $824 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,944
Downpayment
20%
$73,280
Closing costs
1%
$3,664
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,385
Total Expenses
$3,209
Mortgage P&I
83%
$1,987
Property Taxes
19%
$457
Home Insurance
5%
$129
HOA
1%
$17
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0