This property looks like a bad Long-Term investment with a projected -3.69% first-year return on $77,490 initial cash invested.
-3.69%
Cash On Cash
5.93%
Cap Rate
0.96
DSCR
$3,163
Rent
-$238
Cashflow
Cash Flow
$3,163 income − $3,401 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,163
Total Expenses
$3,401
Mortgage P&I
60%
$1,903
Property Taxes
17%
$547
Home Insurance
4%
$129
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0