This property looks like a bad Long-Term investment with a projected -13.27% first-year return on $71,526 initial cash invested.
-13.27%
Cash On Cash
4.36%
Cap Rate
0.65
DSCR
$2,285
Rent
-$791
Cashflow
Cash Flow
$2,285 income − $3,076 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,526
Downpayment
20%
$68,120
Closing costs
1%
$3,406
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,285
Total Expenses
$3,076
Mortgage P&I
84%
$1,914
Property Taxes
20%
$449
Home Insurance
5%
$120
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0