This property looks like a bad Long-Term investment with a projected -22.29% first-year return on $76,356 initial cash invested.
-22.29%
Cash On Cash
2.18%
Cap Rate
0.34
DSCR
$2,371
Rent
-$1,418
Cashflow
Cash Flow
$2,371 income − $3,789 expenses = $1,418 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,356
Downpayment
20%
$72,720
Closing costs
1%
$3,636
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,371
Total Expenses
$3,789
Mortgage P&I
83%
$1,959
Property Taxes
38%
$900
Home Insurance
5%
$128
HOA
8%
$185
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0