This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $73,479 initial cash invested.
-13.72%
Cash On Cash
3.61%
Cap Rate
0.58
DSCR
$1,687
Rent
-$840
Cashflow
Cash Flow
$1,687 income − $2,527 expenses = $840 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,687
Total Expenses
$2,527
Mortgage P&I
107%
$1,809
Property Taxes
9%
$158
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0