This property looks like a bad Long-Term investment with a projected -0.5% first-year return on $76,692 initial cash invested.
-0.5%
Cash On Cash
6.58%
Cap Rate
1.06
DSCR
$3,053
Rent
-$32
Cashflow
Cash Flow
$3,053 income − $3,085 expenses = $32 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,692
Downpayment
20%
$73,040
Closing costs
1%
$3,652
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,053
Total Expenses
$3,085
Mortgage P&I
62%
$1,880
Property Taxes
9%
$275
Home Insurance
4%
$136
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0