This property looks like a bad Long-Term investment with a projected -6.91% first-year return on $76,251 initial cash invested.
-6.91%
Cash On Cash
5.14%
Cap Rate
0.83
DSCR
$2,275
Rent
-$439
Cashflow
Cash Flow
$2,275 income − $2,714 expenses = $439 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,251
Downpayment
20%
$72,620
Closing costs
1%
$3,631
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,275
Total Expenses
$2,714
Mortgage P&I
83%
$1,880
Property Taxes
5%
$111
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0