This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $72,450 initial cash invested.
-12.06%
Cash On Cash
4.48%
Cap Rate
0.68
DSCR
$2,597
Rent
-$728
Cashflow
Cash Flow
$2,597 income − $3,325 expenses = $728 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
$2,597
Total Expenses
$3,325
Mortgage P&I
73%
$1,886
Property Taxes
23%
$592
Home Insurance
5%
$121
HOA
2%
$50
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0