This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $77,280 initial cash invested.
-9.89%
Cash On Cash
4.61%
Cap Rate
0.73
DSCR
$2,147
Rent
-$637
Cashflow
Cash Flow
$2,147 income − $2,784 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,280
Downpayment
20%
$73,600
Closing costs
1%
$3,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,147
Total Expenses
$2,784
Mortgage P&I
91%
$1,944
Property Taxes
7%
$153
Home Insurance
6%
$129
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0