This property looks like a bad Long-Term investment with a projected -4.97% first-year return on $76,755 initial cash invested.
-4.97%
Cash On Cash
6.19%
Cap Rate
0.92
DSCR
$3,302
Rent
-$318
Cashflow
Cash Flow
$3,302 income − $3,620 expenses = $318 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,755
Downpayment
20%
$73,100
Closing costs
1%
$3,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,302
Total Expenses
$3,620
Mortgage P&I
62%
$2,037
Property Taxes
18%
$587
Home Insurance
4%
$138
HOA
0%
$0
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0