This property looks like a bad Long-Term investment with a projected -22.17% first-year return on $73,983 initial cash invested.
-22.17%
Cash On Cash
1.99%
Cap Rate
0.31
DSCR
$1,357
Rent
-$1,367
Cashflow
Cash Flow
$1,357 income − $2,724 expenses = $1,367 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,983
Downpayment
20%
$70,460
Closing costs
1%
$3,523
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,357
Total Expenses
$2,724
Mortgage P&I
139%
$1,884
Property Taxes
26%
$358
Home Insurance
10%
$129
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0