This property looks like a bad Long-Term investment with a projected -19.06% first-year return on $71,379 initial cash invested.
-19.06%
Cash On Cash
2.95%
Cap Rate
0.44
DSCR
$1,746
Rent
-$1,134
Cashflow
Cash Flow
$1,746 income − $2,880 expenses = $1,134 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,379
Downpayment
20%
$67,980
Closing costs
1%
$3,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,746
Total Expenses
$2,880
Mortgage P&I
108%
$1,883
Property Taxes
24%
$424
Home Insurance
7%
$119
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0