This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $73,626 initial cash invested.
-10.48%
Cash On Cash
4.76%
Cap Rate
0.72
DSCR
$2,257
Rent
-$643
Cashflow
Cash Flow
$2,257 income − $2,900 expenses = $643 out of pocket
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,626
Downpayment
20%
$70,120
Closing costs
1%
$3,506
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,257
Total Expenses
$2,900
Mortgage P&I
85%
$1,920
Property Taxes
12%
$260
Home Insurance
6%
$133
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0