This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $76,545 initial cash invested.
-14.66%
Cash On Cash
3.92%
Cap Rate
0.59
DSCR
$2,352
Rent
-$935
Cashflow
Cash Flow
$2,352 income − $3,287 expenses = $935 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,545
Downpayment
20%
$72,900
Closing costs
1%
$3,645
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,352
Total Expenses
$3,287
Mortgage P&I
85%
$2,008
Property Taxes
21%
$495
Home Insurance
6%
$130
HOA
2%
$42
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0