This property looks like a bad Long-Term investment with a projected -19.2% first-year return on $72,450 initial cash invested.
-19.2%
Cash On Cash
3.01%
Cap Rate
0.44
DSCR
$1,511
Rent
-$1,159
Cashflow
Cash Flow
$1,511 income − $2,670 expenses = $1,159 out of pocket
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,511
Total Expenses
$2,670
Mortgage P&I
129%
$1,948
Property Taxes
14%
$207
Home Insurance
8%
$121
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0