This property looks like a bad Long-Term investment with a projected -15.09% first-year return on $72,051 initial cash invested.
-15.09%
Cash On Cash
3.79%
Cap Rate
0.57
DSCR
$1,895
Rent
-$906
Cashflow
Cash Flow
$1,895 income − $2,801 expenses = $906 out of pocket
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,051
Downpayment
20%
$68,620
Closing costs
1%
$3,431
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,895
Total Expenses
$2,801
Mortgage P&I
100%
$1,894
Property Taxes
15%
$289
Home Insurance
7%
$124
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0