This property looks like a bad Long-Term investment with a projected -5.18% first-year return on $76,440 initial cash invested.
-5.18%
Cash On Cash
6.01%
Cap Rate
0.92
DSCR
$3,339
Rent
-$330
Cashflow
Cash Flow
$3,339 income − $3,669 expenses = $330 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,440
Downpayment
20%
$72,800
Closing costs
1%
$3,640
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,339
Total Expenses
$3,669
Mortgage P&I
59%
$1,986
Property Taxes
18%
$588
Home Insurance
4%
$127
HOA
3%
$100
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0