This property looks like a bad Long-Term investment with a projected -12.79% first-year return on $76,650 initial cash invested.
-12.79%
Cash On Cash
4.22%
Cap Rate
0.65
DSCR
$2,275
Rent
-$817
Cashflow
Cash Flow
$2,275 income − $3,092 expenses = $817 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,275
Total Expenses
$3,092
Mortgage P&I
87%
$1,986
Property Taxes
13%
$291
Home Insurance
6%
$128
HOA
4%
$95
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0