This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $76,944 initial cash invested.
-11.01%
Cash On Cash
4.17%
Cap Rate
0.68
DSCR
$2,138
Rent
-$706
Cashflow
Cash Flow
$2,138 income − $2,844 expenses = $706 out of pocket
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,944
Downpayment
20%
$73,280
Closing costs
1%
$3,664
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,138
Total Expenses
$2,844
Mortgage P&I
88%
$1,872
Property Taxes
13%
$286
Home Insurance
6%
$130
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0