This property looks like a bad Long-Term investment with a projected -20.31% first-year return on $72,450 initial cash invested.
-20.31%
Cash On Cash
2.52%
Cap Rate
0.38
DSCR
$1,126
Rent
-$1,226
Cashflow
Cash Flow
$1,126 income − $2,352 expenses = $1,226 out of pocket
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,126
Total Expenses
$2,352
Mortgage P&I
168%
$1,894
Property Taxes
4%
$44
Home Insurance
11%
$121
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0