This property looks like a bad Long-Term investment with a projected -16.63% first-year return on $76,986 initial cash invested.
-16.63%
Cash On Cash
3.14%
Cap Rate
0.5
DSCR
$2,055
Rent
-$1,067
Cashflow
Cash Flow
$2,055 income − $3,122 expenses = $1,067 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,986
Downpayment
20%
$73,320
Closing costs
1%
$3,666
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,055
Total Expenses
$3,122
Mortgage P&I
94%
$1,924
Property Taxes
25%
$511
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0