This property looks like a bad Long-Term investment with a projected -11.16% first-year return on $76,209 initial cash invested.
-11.16%
Cash On Cash
4.22%
Cap Rate
0.69
DSCR
$2,496
Rent
-$709
Cashflow
Cash Flow
$2,496 income − $3,205 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,209
Downpayment
20%
$72,580
Closing costs
1%
$3,629
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,496
Total Expenses
$3,205
Mortgage P&I
74%
$1,859
Property Taxes
23%
$574
Home Insurance
5%
$122
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0