This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $73,752 initial cash invested.
-10.01%
Cash On Cash
4.36%
Cap Rate
0.72
DSCR
$2,217
Rent
-$615
Cashflow
Cash Flow
$2,217 income − $2,832 expenses = $615 out of pocket
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,752
Downpayment
20%
$70,240
Closing costs
1%
$3,512
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,217
Total Expenses
$2,832
Mortgage P&I
80%
$1,779
Property Taxes
15%
$336
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0