This property looks like a bad Long-Term investment with a projected -14.54% first-year return on $72,639 initial cash invested.
-14.54%
Cash On Cash
3.89%
Cap Rate
0.59
DSCR
$2,093
Rent
-$880
Cashflow
Cash Flow
$2,093 income − $2,973 expenses = $880 out of pocket
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,639
Downpayment
20%
$69,180
Closing costs
1%
$3,459
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,093
Total Expenses
$2,973
Mortgage P&I
91%
$1,895
Property Taxes
20%
$411
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0