This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $75,957 initial cash invested.
-11.63%
Cash On Cash
3.88%
Cap Rate
0.65
DSCR
$2,163
Rent
-$736
Cashflow
Cash Flow
$2,163 income − $2,899 expenses = $736 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,957
Downpayment
20%
$72,340
Closing costs
1%
$3,617
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,163
Total Expenses
$2,899
Mortgage P&I
83%
$1,797
Property Taxes
19%
$409
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0