This property looks like a bad Long-Term investment with a projected -15.83% first-year return on $77,385 initial cash invested.
-15.83%
Cash On Cash
3.43%
Cap Rate
0.54
DSCR
$2,164
Rent
-$1,021
Cashflow
Cash Flow
$2,164 income − $3,185 expenses = $1,021 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,385
Downpayment
20%
$73,700
Closing costs
1%
$3,685
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,164
Total Expenses
$3,185
Mortgage P&I
91%
$1,967
Property Taxes
22%
$480
Home Insurance
8%
$170
HOA
0%
$6
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0