This property looks like a bad Long-Term investment with a projected -18.42% first-year return on $73,878 initial cash invested.
-18.42%
Cash On Cash
3.18%
Cap Rate
0.47
DSCR
$1,955
Rent
-$1,134
Cashflow
Cash Flow
$1,955 income − $3,089 expenses = $1,134 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,878
Downpayment
20%
$70,360
Closing costs
1%
$3,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,955
Total Expenses
$3,089
Mortgage P&I
101%
$1,968
Property Taxes
25%
$486
Home Insurance
6%
$126
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0