This property looks like a bad Long-Term investment with a projected -14.14% first-year return on $74,361 initial cash invested.
-14.14%
Cash On Cash
3.91%
Cap Rate
0.59
DSCR
$1,805
Rent
-$876
Cashflow
Cash Flow
$1,805 income − $2,681 expenses = $876 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,361
Downpayment
20%
$70,820
Closing costs
1%
$3,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,805
Total Expenses
$2,681
Mortgage P&I
107%
$1,939
Property Taxes
8%
$146
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0