This property looks like a bad Long-Term investment with a projected -13.76% first-year return on $72,282 initial cash invested.
-13.76%
Cash On Cash
4.12%
Cap Rate
0.62
DSCR
$1,903
Rent
-$829
Cashflow
Cash Flow
$1,903 income − $2,732 expenses = $829 out of pocket
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,282
Downpayment
20%
$68,840
Closing costs
1%
$3,442
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,903
Total Expenses
$2,732
Mortgage P&I
101%
$1,917
Property Taxes
10%
$182
Home Insurance
7%
$124
HOA
1%
$15
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0