This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $74,319 initial cash invested.
-12.56%
Cash On Cash
4.27%
Cap Rate
0.65
DSCR
$1,940
Rent
-$778
Cashflow
Cash Flow
$1,940 income − $2,718 expenses = $778 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,319
Downpayment
20%
$70,780
Closing costs
1%
$3,539
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,940
Total Expenses
$2,718
Mortgage P&I
100%
$1,940
Property Taxes
6%
$125
Home Insurance
6%
$122
HOA
1%
$27
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0