This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $76,692 initial cash invested.
-10.31%
Cash On Cash
4.62%
Cap Rate
0.71
DSCR
$1,954
Rent
-$659
Cashflow
Cash Flow
$1,954 income − $2,613 expenses = $659 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,692
Downpayment
20%
$73,040
Closing costs
1%
$3,652
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,954
Total Expenses
$2,613
Mortgage P&I
101%
$1,968
Property Taxes
1%
$18
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0