This property looks like a bad Long-Term investment with a projected -12.04% first-year return on $74,361 initial cash invested.
-12.04%
Cash On Cash
3.85%
Cap Rate
0.63
DSCR
$1,718
Rent
-$746
Cashflow
Cash Flow
$1,718 income − $2,464 expenses = $746 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,361
Downpayment
20%
$70,820
Closing costs
1%
$3,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,718
Total Expenses
$2,464
Mortgage P&I
104%
$1,795
Property Taxes
5%
$94
Home Insurance
7%
$128
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0