This property looks like a bad Long-Term investment with a projected -18.15% first-year return on $77,427 initial cash invested.
-18.15%
Cash On Cash
3.1%
Cap Rate
0.47
DSCR
$1,944
Rent
-$1,171
Cashflow
Cash Flow
$1,944 income − $3,115 expenses = $1,171 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,427
Downpayment
20%
$73,740
Closing costs
1%
$3,687
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,944
Total Expenses
$3,115
Mortgage P&I
104%
$2,026
Property Taxes
24%
$468
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0