This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $76,671 initial cash invested.
-11.08%
Cash On Cash
4.64%
Cap Rate
0.71
DSCR
$2,587
Rent
-$708
Cashflow
Cash Flow
$2,587 income − $3,295 expenses = $708 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,671
Downpayment
20%
$73,020
Closing costs
1%
$3,651
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,587
Total Expenses
$3,295
Mortgage P&I
77%
$1,991
Property Taxes
18%
$464
Home Insurance
6%
$168
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0