This property looks like a bad Long-Term investment with a projected -6.27% first-year return on $73,857 initial cash invested.
-6.27%
Cash On Cash
5.35%
Cap Rate
0.86
DSCR
$2,561
Rent
-$386
Cashflow
Cash Flow
$2,561 income − $2,947 expenses = $386 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,857
Downpayment
20%
$70,340
Closing costs
1%
$3,517
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,561
Total Expenses
$2,947
Mortgage P&I
71%
$1,827
Property Taxes
13%
$327
Home Insurance
5%
$127
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0