This property looks like a bad Long-Term investment with a projected -13.97% first-year return on $76,083 initial cash invested.
-13.97%
Cash On Cash
3.77%
Cap Rate
0.59
DSCR
$1,885
Rent
-$886
Cashflow
Cash Flow
$1,885 income − $2,771 expenses = $886 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,083
Downpayment
20%
$72,460
Closing costs
1%
$3,623
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,885
Total Expenses
$2,771
Mortgage P&I
102%
$1,931
Property Taxes
12%
$218
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0