This property looks like a bad Long-Term investment with a projected -14.64% first-year return on $77,154 initial cash invested.
-14.64%
Cash On Cash
3.81%
Cap Rate
0.58
DSCR
$1,951
Rent
-$941
Cashflow
Cash Flow
$1,951 income − $2,892 expenses = $941 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,154
Downpayment
20%
$73,480
Closing costs
1%
$3,674
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,951
Total Expenses
$2,892
Mortgage P&I
103%
$2,011
Property Taxes
12%
$240
Home Insurance
7%
$133
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0