This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $76,776 initial cash invested.
-17.99%
Cash On Cash
3.15%
Cap Rate
0.48
DSCR
$1,931
Rent
-$1,151
Cashflow
Cash Flow
$1,931 income − $3,082 expenses = $1,151 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,776
Downpayment
20%
$73,120
Closing costs
1%
$3,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,931
Total Expenses
$3,082
Mortgage P&I
104%
$2,013
Property Taxes
23%
$435
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0