This property looks like a bad Long-Term investment with a projected -10.57% first-year return on $77,553 initial cash invested.
-10.57%
Cash On Cash
4.67%
Cap Rate
0.72
DSCR
$2,617
Rent
-$683
Cashflow
Cash Flow
$2,617 income − $3,300 expenses = $683 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,553
Downpayment
20%
$73,860
Closing costs
1%
$3,693
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,617
Total Expenses
$3,300
Mortgage P&I
76%
$1,988
Property Taxes
19%
$503
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0