This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $72,807 initial cash invested.
-12.11%
Cash On Cash
4.34%
Cap Rate
0.67
DSCR
$2,147
Rent
-$735
Cashflow
Cash Flow
$2,147 income − $2,882 expenses = $735 out of pocket
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,807
Downpayment
20%
$69,340
Closing costs
1%
$3,467
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,147
Total Expenses
$2,882
Mortgage P&I
88%
$1,882
Property Taxes
15%
$320
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0