This property looks like a bad Long-Term investment with a projected -11.91% first-year return on $72,450 initial cash invested.
-11.91%
Cash On Cash
4.52%
Cap Rate
0.68
DSCR
$2,326
Rent
-$719
Cashflow
Cash Flow
$2,326 income − $3,045 expenses = $719 out of pocket
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,326
Total Expenses
$3,045
Mortgage P&I
82%
$1,902
Property Taxes
18%
$417
Home Insurance
5%
$121
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0