This property looks like a bad Long-Term investment with a projected -14.52% first-year return on $76,923 initial cash invested.
-14.52%
Cash On Cash
3.44%
Cap Rate
0.56
DSCR
$1,876
Rent
-$931
Cashflow
Cash Flow
$1,876 income − $2,807 expenses = $931 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,923
Downpayment
20%
$73,260
Closing costs
1%
$3,663
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,876
Total Expenses
$2,807
Mortgage P&I
101%
$1,886
Property Taxes
16%
$301
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0