This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $74,256 initial cash invested.
-15.47%
Cash On Cash
3.72%
Cap Rate
0.56
DSCR
$1,698
Rent
-$957
Cashflow
Cash Flow
$1,698 income − $2,655 expenses = $957 out of pocket
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,256
Downpayment
20%
$70,720
Closing costs
1%
$3,536
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,698
Total Expenses
$2,655
Mortgage P&I
116%
$1,968
Property Taxes
7%
$117
Home Insurance
8%
$128
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0