This property looks like a bad Long-Term investment with a projected -3.87% first-year return on $77,490 initial cash invested.
-3.87%
Cash On Cash
5.83%
Cap Rate
0.94
DSCR
$2,518
Rent
-$250
Cashflow
Cash Flow
$2,518 income − $2,768 expenses = $250 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,518
Total Expenses
$2,768
Mortgage P&I
76%
$1,917
Property Taxes
3%
$67
Home Insurance
5%
$129
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0