This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $77,091 initial cash invested.
-11.46%
Cash On Cash
4.48%
Cap Rate
0.69
DSCR
$2,361
Rent
-$736
Cashflow
Cash Flow
$2,361 income − $3,097 expenses = $736 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,091
Downpayment
20%
$73,420
Closing costs
1%
$3,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,361
Total Expenses
$3,097
Mortgage P&I
84%
$1,988
Property Taxes
14%
$334
Home Insurance
7%
$161
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0