This property looks like a bad Long-Term investment with a projected -15.55% first-year return on $72,156 initial cash invested.
-15.55%
Cash On Cash
3.18%
Cap Rate
0.52
DSCR
$1,779
Rent
-$935
Cashflow
Cash Flow
$1,779 income − $2,714 expenses = $935 out of pocket
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,156
Downpayment
20%
$68,720
Closing costs
1%
$3,436
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,779
Total Expenses
$2,714
Mortgage P&I
99%
$1,756
Property Taxes
21%
$373
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0