This property looks like a bad Long-Term investment with a projected -12.31% first-year return on $76,650 initial cash invested.
-12.31%
Cash On Cash
3.97%
Cap Rate
0.64
DSCR
$1,956
Rent
-$786
Cashflow
Cash Flow
$1,956 income − $2,742 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,956
Total Expenses
$2,742
Mortgage P&I
97%
$1,896
Property Taxes
11%
$209
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0