This property looks like a bad Long-Term investment with a projected -17.26% first-year return on $73,290 initial cash invested.
-17.26%
Cash On Cash
3.16%
Cap Rate
0.48
DSCR
$1,556
Rent
-$1,054
Cashflow
Cash Flow
$1,556 income − $2,610 expenses = $1,054 out of pocket
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,290
Downpayment
20%
$69,800
Closing costs
1%
$3,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,556
Total Expenses
$2,610
Mortgage P&I
122%
$1,894
Property Taxes
12%
$189
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0