This property looks like a bad Long-Term investment with a projected -9.77% first-year return on $76,398 initial cash invested.
-9.77%
Cash On Cash
4.47%
Cap Rate
0.72
DSCR
$2,126
Rent
-$622
Cashflow
Cash Flow
$2,126 income − $2,748 expenses = $622 out of pocket
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,398
Downpayment
20%
$72,760
Closing costs
1%
$3,638
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,126
Total Expenses
$2,748
Mortgage P&I
88%
$1,872
Property Taxes
9%
$201
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0