This property looks like a bad Long-Term investment with a projected -15.94% first-year return on $76,629 initial cash invested.
-15.94%
Cash On Cash
3.68%
Cap Rate
0.55
DSCR
$1,814
Rent
-$1,018
Cashflow
Cash Flow
$1,814 income − $2,832 expenses = $1,018 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,629
Downpayment
20%
$72,980
Closing costs
1%
$3,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,814
Total Expenses
$2,832
Mortgage P&I
113%
$2,046
Property Taxes
10%
$186
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0