This property looks like a bad Long-Term investment with a projected -0.45% first-year return on $72,114 initial cash invested.
-0.45%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$3,269
Rent
-$27
Cashflow
Cash Flow
$3,269 income − $3,296 expenses = $27 out of pocket
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,114
Downpayment
20%
$68,680
Closing costs
1%
$3,434
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,269
Total Expenses
$3,296
Mortgage P&I
58%
$1,889
Property Taxes
13%
$436
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0