This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $72,912 initial cash invested.
-13.59%
Cash On Cash
3.62%
Cap Rate
0.59
DSCR
$1,942
Rent
-$826
Cashflow
Cash Flow
$1,942 income − $2,768 expenses = $826 out of pocket
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,912
Downpayment
20%
$69,440
Closing costs
1%
$3,472
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,942
Total Expenses
$2,768
Mortgage P&I
92%
$1,777
Property Taxes
19%
$364
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0