This property looks like a bad Long-Term investment with a projected -18.89% first-year return on $71,358 initial cash invested.
-18.89%
Cash On Cash
2.91%
Cap Rate
0.44
DSCR
$1,473
Rent
-$1,123
Cashflow
Cash Flow
$1,473 income − $2,596 expenses = $1,123 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,358
Downpayment
20%
$67,960
Closing costs
1%
$3,398
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,473
Total Expenses
$2,596
Mortgage P&I
127%
$1,873
Property Taxes
15%
$218
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0