This property looks like a bad Long-Term investment with a projected -12.57% first-year return on $72,912 initial cash invested.
-12.57%
Cash On Cash
4.45%
Cap Rate
0.66
DSCR
$1,984
Rent
-$764
Cashflow
Cash Flow
$1,984 income − $2,748 expenses = $764 out of pocket
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,912
Downpayment
20%
$69,440
Closing costs
1%
$3,472
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,984
Total Expenses
$2,748
Mortgage P&I
98%
$1,953
Property Taxes
7%
$138
Home Insurance
6%
$124
HOA
1%
$18
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0