This property looks like a bad Long-Term investment with a projected -13.79% first-year return on $74,739 initial cash invested.
-13.79%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$2,001
Rent
-$859
Cashflow
Cash Flow
$2,001 income − $2,860 expenses = $859 out of pocket
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,739
Downpayment
20%
$71,180
Closing costs
1%
$3,559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,001
Total Expenses
$2,860
Mortgage P&I
97%
$1,949
Property Taxes
13%
$269
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0