This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $76,713 initial cash invested.
-9.32%
Cash On Cash
4.54%
Cap Rate
0.74
DSCR
$2,052
Rent
-$596
Cashflow
Cash Flow
$2,052 income − $2,648 expenses = $596 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,713
Downpayment
20%
$73,060
Closing costs
1%
$3,653
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,052
Total Expenses
$2,648
Mortgage P&I
91%
$1,876
Property Taxes
5%
$108
Home Insurance
6%
$130
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0