This property looks like a bad Long-Term investment with a projected -11% first-year return on $77,217 initial cash invested.
-11%
Cash On Cash
4.62%
Cap Rate
0.71
DSCR
$2,650
Rent
-$708
Cashflow
Cash Flow
$2,650 income − $3,358 expenses = $708 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,217
Downpayment
20%
$73,540
Closing costs
1%
$3,677
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,650
Total Expenses
$3,358
Mortgage P&I
75%
$1,991
Property Taxes
22%
$581
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0