This property looks like a bad Long-Term investment with a projected -10.84% first-year return on $76,629 initial cash invested.
-10.84%
Cash On Cash
4.6%
Cap Rate
0.7
DSCR
$2,041
Rent
-$692
Cashflow
Cash Flow
$2,041 income − $2,733 expenses = $692 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,629
Downpayment
20%
$72,980
Closing costs
1%
$3,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$2,733
Mortgage P&I
97%
$1,988
Property Taxes
4%
$87
Home Insurance
6%
$128
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0