This property looks like a bad Long-Term investment with a projected -5.39% first-year return on $74,193 initial cash invested.
-5.39%
Cash On Cash
5.81%
Cap Rate
0.9
DSCR
$3,069
Rent
-$333
Cashflow
Cash Flow
$3,069 income − $3,402 expenses = $333 out of pocket
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,193
Downpayment
20%
$70,660
Closing costs
1%
$3,533
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,069
Total Expenses
$3,402
Mortgage P&I
62%
$1,890
Property Taxes
19%
$593
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$307
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0