This property looks like a bad Long-Term investment with a projected -13.93% first-year return on $74,277 initial cash invested.
-13.93%
Cash On Cash
4.02%
Cap Rate
0.61
DSCR
$1,868
Rent
-$862
Cashflow
Cash Flow
$1,868 income − $2,730 expenses = $862 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,277
Downpayment
20%
$70,740
Closing costs
1%
$3,537
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,868
Total Expenses
$2,730
Mortgage P&I
105%
$1,954
Property Taxes
9%
$165
Home Insurance
7%
$126
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0