This property looks like a bad Long-Term investment with a projected -14.69% first-year return on $76,566 initial cash invested.
-14.69%
Cash On Cash
3.31%
Cap Rate
0.54
DSCR
$1,800
Rent
-$937
Cashflow
Cash Flow
$1,800 income − $2,737 expenses = $937 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,566
Downpayment
20%
$72,920
Closing costs
1%
$3,646
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,800
Total Expenses
$2,737
Mortgage P&I
103%
$1,854
Property Taxes
16%
$284
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0