This property looks like a bad Long-Term investment with a projected -14.99% first-year return on $73,479 initial cash invested.
-14.99%
Cash On Cash
3.68%
Cap Rate
0.56
DSCR
$1,677
Rent
-$918
Cashflow
Cash Flow
$1,677 income − $2,595 expenses = $918 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,677
Total Expenses
$2,595
Mortgage P&I
114%
$1,906
Property Taxes
8%
$130
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0