This property looks like a bad Long-Term investment with a projected -16.45% first-year return on $74,340 initial cash invested.
-16.45%
Cash On Cash
3.16%
Cap Rate
0.5
DSCR
$1,628
Rent
-$1,019
Cashflow
Cash Flow
$1,628 income − $2,647 expenses = $1,019 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,628
Total Expenses
$2,647
Mortgage P&I
115%
$1,870
Property Taxes
14%
$233
Home Insurance
7%
$121
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0