This property looks like a bad Long-Term investment with a projected -17.03% first-year return on $71,862 initial cash invested.
-17.03%
Cash On Cash
3.48%
Cap Rate
0.52
DSCR
$1,776
Rent
-$1,020
Cashflow
Cash Flow
$1,776 income − $2,796 expenses = $1,020 out of pocket
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,862
Downpayment
20%
$68,440
Closing costs
1%
$3,422
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,776
Total Expenses
$2,796
Mortgage P&I
108%
$1,924
Property Taxes
16%
$287
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0