This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $76,650 initial cash invested.
-10.43%
Cash On Cash
4.44%
Cap Rate
0.71
DSCR
$2,375
Rent
-$666
Cashflow
Cash Flow
$2,375 income − $3,041 expenses = $666 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,375
Total Expenses
$3,041
Mortgage P&I
80%
$1,898
Property Taxes
17%
$397
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0