This property looks like a bad Long-Term investment with a projected -14.28% first-year return on $73,857 initial cash invested.
-14.28%
Cash On Cash
3.91%
Cap Rate
0.59
DSCR
$1,891
Rent
-$879
Cashflow
Cash Flow
$1,891 income − $2,770 expenses = $879 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,857
Downpayment
20%
$70,340
Closing costs
1%
$3,517
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,891
Total Expenses
$2,770
Mortgage P&I
102%
$1,929
Property Taxes
12%
$223
Home Insurance
7%
$126
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$113
Maintenance
5%
$95
Other
0%
$0