This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $73,836 initial cash invested.
-11.62%
Cash On Cash
4.58%
Cap Rate
0.69
DSCR
$2,338
Rent
-$715
Cashflow
Cash Flow
$2,338 income − $3,053 expenses = $715 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,836
Downpayment
20%
$70,320
Closing costs
1%
$3,516
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,338
Total Expenses
$3,053
Mortgage P&I
83%
$1,939
Property Taxes
13%
$315
Home Insurance
6%
$131
HOA
3%
$60
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0