This property looks like a bad Long-Term investment with a projected -8.11% first-year return on $76,020 initial cash invested.
-8.11%
Cash On Cash
5.27%
Cap Rate
0.8
DSCR
$2,534
Rent
-$514
Cashflow
Cash Flow
$2,534 income − $3,048 expenses = $514 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,020
Downpayment
20%
$72,400
Closing costs
1%
$3,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,534
Total Expenses
$3,048
Mortgage P&I
78%
$1,978
Property Taxes
11%
$267
Home Insurance
5%
$129
HOA
1%
$15
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0