This property looks like a bad Long-Term investment with a projected -0.52% first-year return on $76,734 initial cash invested.
-0.52%
Cash On Cash
6.98%
Cap Rate
1.06
DSCR
$2,965
Rent
-$33
Cashflow
Cash Flow
$2,965 income − $2,998 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,734
Downpayment
20%
$73,080
Closing costs
1%
$3,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,965
Total Expenses
$2,998
Mortgage P&I
68%
$2,009
Property Taxes
3%
$93
Home Insurance
4%
$126
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0