This property looks like a bad Long-Term investment with a projected -10.06% first-year return on $76,734 initial cash invested.
-10.06%
Cash On Cash
4.68%
Cap Rate
0.73
DSCR
$2,143
Rent
-$643
Cashflow
Cash Flow
$2,143 income − $2,786 expenses = $643 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,734
Downpayment
20%
$73,080
Closing costs
1%
$3,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,143
Total Expenses
$2,786
Mortgage P&I
92%
$1,962
Property Taxes
6%
$136
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0